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nata0808 [166]
3 years ago
10

What are the phases of Design Thinking and discuss its importance

Business
2 answers:
OLga [1]3 years ago
4 0

Answer:

Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Involving five phases—Empathize, Define, Ideate, Prototype and Test—it is most useful to tackle problems that are ill-defined or unknown.

Explanation:

ZanzabumX [31]3 years ago
3 0

Answer: Design thinking is a non-linear, iterative process that teams use to understand users, challenge assumptions, redefine problems and create innovative solutions to prototype and test. Involving five phases—Empathize, Define, Ideate, Prototype and Test—it is most useful to tackle problems that are ill-defined or unknown.

Explanation:

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Ford Motor Company's use of company resources to build its River Rouge Plant outside of Detroit so that iron ore could enter int
Alenkinab [10]

Answer:

Vertical growth

Explanation:

Vertical growth occurs when a company sets up operations and distribution channels for a new product. There is an expansion from its traditional product offering.

Vertical growth aims to increase control of distribution and suppliers and scaling of product within existing line of production.

Ford motor's initiative in setting up its River Rouge Plant outside of Detroit so that iron ore could enter into one end of the plant and a finished automobile could exit out of the other end is vertical growth.

3 0
3 years ago
Too Young, Inc., has a bond outstanding with a coupon rate of 7.1 percent and semiannual payments. The bond currently sells for
likoan [24]

Answer:

7.68%  

Explanation:

Data provided in the question

Present value = $1,891

Future value or Face value = $2,000  

PMT = 2,000 × 7.1% ÷ 2 = $71

NPER = 17 years × 2 = 34 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  The pretax cost of debt is 7.68%        (3.84% × 2)

7 0
3 years ago
Which tool of monetary policy allows the Federal Reserve to decrease the
mihalych1998 [28]
It's D. Increasing the reserve requirement on banks
6 0
2 years ago
Read 2 more answers
The accounting offices of anna and elsa ice are linked in a network that allows employees to choose who they will send informati
kumpel [21]
A network switch I hope this helps sorry if I'm wrong
6 0
3 years ago
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olsan Technologies had received a contract to produce two units of a new cruise missile guidance control. The first unit took 5,
Effectus [21]

Answer:

$1,901,385

Explanation:

First unit produced by lambda took 5,000 hours to produce and required $30,000 worth of materials and equipment usage.

The second unit took 4,500 hours and used $24,000 worth of materials and equipment usage.

learning rate = time needed to produce second unit / time needed to produce first unit = 4,500 hours / 5,000 hours = 90%

materials and equipment usage rate = $24,000 / $30,000 = 80%

using the attached table of cumulative values, we can determine the cumulative improvement factors needed to solve this question:

Olsan's accumulated cost for producing 20 more guidance controls

  • work hours = 4,500 x 14.61 (90% and 20 units) x $25 per hour = $1,643,625
  • materials and equipment = $24,000 x 10.74 (95% and 20 units) = $257,760
  • total = $1,901,385

5 0
2 years ago
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