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3 years ago

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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Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for commo

inna [77]

Answer:

The Journal entries are as follows:

(i) On August 1,

Cash A/c Dr. $6,500

photography equipment A/c Dr. $33,500

To common stock $40,000

(To record the issuance of common stock for cash and photography equipment)

(ii) On August 2,

Prepaid insurance A/c Dr. $2,100

To cash $2,100

(To record the cash paid in advance for insurance)

(iii) On August 5,

Office supplies A/c Dr. $880

To cash $880

(To record the cash paid for office supplies)

(iv) On August 20,

Cash A/c Dr. $3,331

To photography fees earned $3,331

(To record the photography fees earned)

(v) On August 31,

Utilities A/c Dr. $675

To cash A/c $675

(To record the cash paid for utilities)

8 0

3 years ago

9. Efficient markets hypothesis Which of the following are consistent with the efficient markets hypothesis? Check all that appl

atroni [7]

Answer:

The answer is: Stock markets reflect all available information about the value of stocks

Explanation:

Efficient market hypothesis (EMH) is an investment theory about stock markets where the price of stocks is always the fair market value of the stocks. It argues that it is impossible for someone to determine when stocks are either undervalued or overvalued. So all the technical and fundamental analysis techniques are useless.

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3 years ago

ABC had a net income of $8,000, $5,000, $12,000, and $10,000 over the first four years of the company's existence. If the averag

Nezavi [6.7K]

Answer:

B) $23,000.

Explanation:

ABC's accumulated net income (or retained earnings) over the past four years = $8,000 + $5,000 + $12,000 + $10,000 = $35,000

ABC's accumulated dividends paid over the past four years = $3,000 x 4 = $12,000

Since dividends are paid using money that proceeds from retained earnings, the balance of the retained earnings account = accumulated retained earnings - accumulated dividends = $35,000 - $12,000 = $23,000

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3 years ago

A firm has a profit margin of 6% and an equity multiplier of 1.5. Its sales are $230 million, and it has total assets of $115 mi

Ket [755]

Answer:

18%

Explanation:

In this question, we use the DuPont Analysis which is shown below:

ROE = Profit margin × Total assets turnover × Equity multiplier

ROE = 6% × 2 × 1.5

= 18%

The total assets turnover is shown below: