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Dafna1 [17]
3 years ago
10

Summarize three reasons why it is important to use critical thinking.

Business
1 answer:
shtirl [24]3 years ago
3 0

Answer:

Improve communication strategies

Support smooth operations

Streamline product development

Explanation:

<u>Improve communication strategies</u>. Communicating with different types of people requires defining the needs of the target audience, which demands critical thinking. For example, if a company is being bought out by a competitor, the CEO must consider how this will impact everyone, from low-level employees to investors, and determine what messages to convey to each party. Acting quickly is essential, as he or she should be the first to give the employees the news to maintain their trust.

<u>Support smooth operations. </u>Maintaining daily operations in an ever-changing environment requires constant critical thinking. For example, if the power goes out at a restaurant and there is no emergency generator, the manager must decide not only what to do with the customers and staff but also whether and how to salvage refrigerated food. The quicker the manager acts, the more likely he or she is to make the best of an unfortunate situation.

<u>Streamline product development.</u> A product development role requires multiple decisions to ensure efficacy, marketability and safety. For instance, if a company is marketing a new kitchen gadget, designing it a certain way would make it look more appealing, but that design could also make it more difficult to use. Should the company prioritize function or fashion? The sooner it reaches a decision, the sooner production can begin.

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Ymorist [56]
When the boss hears about this, the employee would probably go under training or in the worst scenario can be fired. A serious company that wanted to be on top most likely wanted individuals who are willing to take different tasks and understand how the business works. The employee should learn about the business and improve.
5 0
3 years ago
Which of the following sentences apply correct number style?
Monica [59]

Answer:

The sentence that applies the correct number style is:

c. Dan Yannotti, Director of Health Initiatives, turns 32 this year.

Explanation:

Sentence A's number style should have been formatted like: "More than $5 million ..."  Alternatively, it could be formatted as "Five Million Dollars."

Sentence B's number style should have been formatted like: "27% of our ...."

This leaves sentence C as the sentence that applies the correct number style.

7 0
3 years ago
A loan of $20,000 with interest at 6.5% compounded annually is to be repaid by equal payments at the end of each year for five y
Zielflug [23.3K]
First option I think
6 0
3 years ago
Buzz Appliances manufactures two​ products: Food Processors and Espresso Machines. The following data are​ available:
murzikaleks [220]

Answer

D. 4,800 Espresso Machines and 0 Food Processors

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
Find the effective rate of interest to the nearest hundredth percent if $60.94 is earned in one year on a deposit of
Nata [24]

Answer:

6.25%

Explanation:

The formula for calculating interest rate is as follows

I= P x R x T

Where

I= interest,  P= principal amount, T is time

in this case: I= $60.94, P=$975, T=1 year

Therefore:

$60.94 = $975 x( r/100) x 1

$60.94 =975(r/100) multiply both side by 100 to get rid of the fraction.

6094=975r

r = 6094/ 975

r = 6.2502

interest rate = 6.25%

8 0
3 years ago
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