Explain problem-solving as one of the managerial skills an entrepreneur should possess and give two (2) examples of this skill from the case study.
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Explain problem-solving as one of the managerial skills an entrepreneur should
possess and give two (2) examples of this skill from the case study.
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Solved in 3 steps
- How do we apply the three managerial skills to find solution to an existing problem existing problem?What methods of analysis should a behavioral health entrepreneur use to determine which strategies are the best for his/her business? Why?What is a definition of opportunity. How is an opportunity different from a problem?
- What problem solving skills do you think an employer/industry would most like you to have? What examples could you use to show that you have the problem-solving skills they are looking for?Case2: A company with a good market share has a severe conflict between new professional executives and old managers. This conflict caused some professional managers who have recently joined the company to leave the company. At what stage of the life cycle is this company? What is your suggestion to the manager of this company?What are the approaches of Management Science in Problem Solving?
- Describe the best way for a manager to solve a difficult business problem?Explain the concept of a SWOT analysis and how it can be used to evaluate a business opportunityA case study involving an organization with an IT-related problem, maybe: Walt Disney. You are to identify at least one (can be multiple) major IT-related problem(s) at that organization, explain the problem(s) thoroughly (first part of your write-up), and then suggest thorough and deep solutions to the problem(s) (second part of your write-up). In other words, in your case study report, you should identify the problems, suggest solutions to these major problems, recommend the best solution, and explain how this solution should be implemented.
- In this case study, we explore the meticulous planning and execution of a charity fundraising gala to support a local nonprofit organization. The gala aimed to raise funds for underprivileged children's education and healthcare. The organizing team faced the task of coordinating a luxurious evening event, complete with entertainment, fine dining, and silent auctions, all while staying within a limited budget. They also had to secure sponsorships, promote the event effectively, and ensure that all proceeds went directly to the cause. The study examines how the team managed to achieve their goals by leveraging volunteer support, creative cost-saving measures, and building partnerships with local businesses. Question: How did the organizing team balance the desire for an upscale gala with the need to maximize funds for the charity, and what strategies can be adapted for similar fundraising events with limited resources?How would a manager use systematic thinking and intuitive thinking in solving problems at his / her workEmployers are shifting more responsibility to employees in the area of employee benefits. Describe (2) specific examples of this trend. What are the likely consequences of this change?