Your answer is C. Accumulated Depreciation will be credited. :D
Answer:
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
Explanation:
The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.
The steps involved in the problem-solving process are;
1. Identify and define the problem: this is the first step to be taken in solving a problem. This is to ensure that, the focus is on the main issue or situation and all efforts is channeled in the right direction rather than the symptoms.
2. Gathering of information: this helps to consider the options available in solving a problem effectively.
3. Consider your options: this helps to compare the available and viable solutions to the problem.
4. Weigh disadvantages and evaluate a solution: you weigh the disadvantages of each solution, before choosing the one with the least disadvantages.
Hence, the fundamental steps of the problem solving process in the correct order are;
I. Identify what is the problem
II. Acquire the data
III. Develop the model
IV. Implement the Model.
V. Do the results look right.
An outstanding balance on your account
Answer:
Core rigidity
Explanation:
According to a different source, these are the options that come with this question:
- resource flow.
- dynamic capabilities.
- core rigidity.
- value chain.
This is an example of core rigidity. Core rigidity refers to a situation that can arise in business in which a company relies on its advantages for too long. Companies that find themselves stuck due to core rigidity usually do not improve themselves. Moreover, they tend to become obsolete and often struggle to compete with other firms that are more adaptable or innovative than them.
