ASSIGNMENT ONECritical thinking is important for making judgments about sources of informationand forming your own arguments. It emphasizes a rational, objective, and self-awareapproach that can help you to identify credible sources and strengthen yourconclusions. Critical thinkers use skills which enable them to analyse informationand process it rationally to determine the value of the information and make adecision:(i) Critically explain four (4) areas of how critical thinking skills aredeveloped; and(ii)Justify that lateral thinking is a manner of solving problems using anindirect and creative approach through reasoning that is not immediatelyobvious. And in the process clarify the above assertion by defining four(4) types of thinking tools:

Thinking is the mental cycle through which people intellectually control data, thoughts, and ideas…

Answered: Critical thinking is important for…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Did I do this question correctly? If not please show where I went wrong and how to fix it. The government is auctioning off oil leases at two sites. At each site, 150,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes, and Alexis Pickens are bid- ding for the oil. Government rules state that no bidder can receive more than 45% of the land being auctioned. Cliff has bid $2000 per acre for site 1 land and $1000 per acre for site 2 land. Blake has bid $1800 per acre for site 1 land and $1500 per acre for site 2 land. Alexis has bid $1900 per acre for site 1 land and $1300 per acre for site 2 land. a. Determine how to maximize the government’s revenue with a transportation model. b. Use SolverTable to see how changes in the government’s rule on 45% of all land being auctioned affect the optimal revenue. Why can the optimal revenue not decrease if this percentage required increases? Why can the optimal revenue not increase if this percentage required decreases?
A compelling vision is a shared goal or aspiration that inspires and motivates members of an organization, team, or company to work together to achieve it. A compelling vision should be clear, concise, and easily understood by all members. It should also be aligned with the values and purpose of the organization and reflect the needs and desires of its stakeholders. When a compelling vision is effectively communicated and understood, it can unify members and create a sense of purpose and direction. Members can rally around the vision, align their efforts, and work collaboratively towards achieving it. Additionally, a compelling vision can also attract and retain talented individuals who share the same values and goals. However, for a vision to be effective in unifying members, it must be more than just a statement. It must be accompanied by actions and decisions that demonstrate a commitment to achieving the vision. Leaders must model the behaviors and attitudes that support the…
Multipule choice questions? Just mark the Correct Answers and there is no need to exlain It !
If you wanted to buy a new car, what research would you do first to increase the likelihood of making a good decision? As a manager, do you think you would engage in more research or less research than that prior to making big decisions for the organization? Think about a big decision that you have made. What impact did your emotions have on that decision? Did they help or hinder your decision-making? Would you make the same decision again? If you were faced with an ethical dilemma at work, who would you want to talk to for advice prior to reaching a decision? Which would be better to involve a group with, a programmed or a nonprogrammed decision? Why?
When looking at where opportunities might be found, there are four quadrants to consider per the illustration below. Please rate each of the four quadrants according with are lowest, medium and highest risk. Group of answer choices Market Development [ Choose ] Lowest Risk Highest Risk Medium Risk Diversity [ Choose ] Lowest Risk Highest Risk Medium Risk Market Penetration [ Choose ] Lowest Risk Highest Risk Medium Risk Product Development [ Choose ] Lowest Risk Highest Risk Medium Risk
Please do not give solution in image format thanku 2. Think about your own approach to problem-solving. Do you rate values or objective data more highly? How do you persuade someone who thinks differently from you?
Bill & Becky Travel, Inc., is a full-service travel agency. Data in the table below shows results for the question "Would you recommend us to a friend?" from 50 customers who were sampled during one week. Customer NPS Number Rating 1 10 2 10 3 10 4 9 5 4 6 10 7 7 8 9 9 2 10 4 Customer NPS Number Rating 11 4 12 10 13 6 14 9 15 9 16 4 17 8 18 9 19 9 20 7 Customer Number 21 22 23 24 25 26 27 28 29 30 Rating 1 2 3 4 567 00 NPS Rating 5 8 5 9 10 10 9 9 4 10 9 Count the number of responses at each level (1 through 10). If your answer is zero, enter "0". Round your answers to the nearest whole number. Customer NPS Number Rating 31 8 32 9 33 7 34 10 35 5 36 6 37 3 38 1 39 2 40 9 Number Customer NPS Number Rating 41 3 42 9 43 9 44 6 45 10 46 8 47 2 48 6 49 9 50 8
Paraphrase this one. Analyze and elaborate in 100 words. Relying on data garnered from surveys underscores a common challenge—data accuracy. Not all respondents provide entirely truthful or precise information. Inaccuracies might stem not from dishonesty, but rather from personal biases and reservations. Consequently, inaccurate data stands to compromise the integrity of predictive insights, potentially leading businesses astray.
What is the difference between an argument and an opinion?
It is more important to represent the Business Model Canvas than the Value Proposition Canvas. Select one: O True O False
Based first from the first pic. Then you may answer the 1 question you can see it from the second pic.
Spotted Dog is an established toy producer with a culture that has enabled it to be very efficient and tightly run. However it also has a creative research unit that has a loose, creative culture that is forward looking and comes up with new ideas for toys. Which of the following concepts best describes such contrasting units in the same organization? Organizational inertia Organizational ambidexterity Path dependency Stuck in the middle

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