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sergejj [24]
3 years ago
8

. Identify the problem-solving techniques used by TCL Motivate your answer by quoting from the scenario above​

Business
1 answer:
Volgvan3 years ago
7 0

Answer:

At its core, problem solving is a methodical four-step process. You may even recall these steps from when you were first introduced to the Scientific Method.

First, you must define the problem. What is its cause? What are the signs there's a problem at all?

Next, you identify various options for solutions. What are some good ideas to solve this?

Then, evaluate your options and choose from among them. What is the best option to solve the problem? What's the easiest option? How should you prioritize?

Finally, implement the chosen solution. Does it solve the problem? Is there another option you need to try?

Explanation:

Creative Problem Solving Techniques

Separate ideation from evaluation. When you brainstorm creative ideas, have a separate time for listing it all down. Focus on generating lots of ideas. Don't prioritize or evaluate them until everything is captured.

Judging will shut it down. Nothing stops the flow of creative ideas faster than judging them on the spot. Wait until the brainstorming is over before you evaluate.

Restate problems as questions. It's easier to entice a group into thinking of creative ideas when challenges are stated as open-ended questions.

Use "Yes and" to expand ideas. Here's one of the basic tenets of improv comedy. It's way too easy to shut down and negate ideas by using the word "but." (i.e. "But I think this is better...") Avoid this at all costs. Instead, expand on what was previously introduced by saying "Yes, and..." to keep ideas flowing and evolving.

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_____ aims to increase traffic in retail stores using special sales on a limited number of products and higher everyday prices o
uysha [10]

low pricing aims to increase traffic in retail stores using special sales on a limited number of products and higher everyday prices on others.

Stores can therefore attract customers with the low prices and once the customer is there, they will more than likely purchase one of the higher priced items.

6 0
3 years ago
Direct Materials Variances Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price i
Sergio [31]

Answer:

Results are below.

Explanation:

<u>To calculate the direct material price and quantity variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (9 - 8.64)*39,600

Direct material price variance= $14,256 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2,400*16 - 39,600)*9

Direct material quantity variance= -$10,800 unfavorable

Total variance= 14,256 - 10,800

Total variance= $3,456 favorable

8 0
3 years ago
100 free hope you do the same
andrey2020 [161]
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7 0
3 years ago
What is fiscal policy​
MakcuM [25]

Fiscal policy is the use of government revenue collection and expenditure to influence a country's economy.

6 0
3 years ago
You are considering investing $1,000 in a T-bill that pays 0.05 and a risky portfolio, P, constructed with two risky securities,
Nesterboy [21]

Answer:

c)$568; $378; $54

Explanation:

($1,120 - $1,000)/$1,000 = 12%

(0.6)14% + (0.4)10% = 12.4%

12% = w5% + 12.4%(1 - w)

w = .054

1-w = .946

w = 0.054($1,000)

= $54 (T-bills)

1 - w = 1 - 0.054 = 0.946

0.946($1,000) = $946

$946 x 0.6 = $568 in X

$946 x 0.4 = $378 in Y.

8 0
3 years ago
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