...hree main problems are listed for the north Dallas location, which are decreased sales volume, WAN problems, and competition from other local retailers. These problems are further complicated by employee attrition, city council legal action, improperly managed inventory and product mix, market trends and variable pay system. The simulation groups the problems into critical problems of urgent nature to address, to non-critical problems still of urgent nature. While the others problems focus on critical yet non-urgent problems and non-critical of non-urgent focus. In framing the problems, the critical urgent problems are the product mix, competition from a local retailer, and variable pay. The critical yet non-urgent problems are legal action. Lastly the non-critical yet urgent problems are the WAN system. In using a Pareto analysis it was determined these were the key problems facing the company. The first choice of product mix was chosen because while sales were falling this factor went along with the opening of the competing store. The improper product mix goes hand-in-hand with decreased sales volume. While product mix is only one factor affecting decreased sales volume this factor is the most important. As market tends show an improperly balance product mix will not bring the consumers into the store for purchasing these items. These factors as well as market analysis can be turned around with an aggressive marketing campaign focusing on the products which have traditionally...
Words: 347 - Pages: 2
...Thinking Critically Simulation Maurice Smith Critical Thinking: Strategies in Decision Making /MGT 350 Cyndie Shadow, M.B.A. January 28, 2008 Abstract Business company owners and store managers in the retail industry must ensure their businesses are competitive to the industry, in order to maintain their store doors open. In the following scenario a problem evaluation and decision making process is simulated to assist in evaluating a specific retail stores current state. A description of the types of evaluation tools and techniques used and how they assisted with the evaluation of the decision-making process and outcomes will be outlined. A consideration if other types of tools and techniques would have generated better results will be evaluated. The purpose of this paper is to demonstrate the decision-making process and how different tools and techniques assist with critical thinking. Credenhill is a competitive retail business which is the subject of a simulation. At this time one of Credenhill’s local stores is dealing with problems which range from low sales, unhappy employees to other issues affecting their current operations. During the simulation we went through a problem evaluation and decision-making process intended to identify Credenhill’s current state, suggest corrective actions and measurements to ensure that the outcome of the corrective actions are beneficial to the store. In the following we will discuss the...
Words: 1502 - Pages: 7
...Critical Thinking and Society PHL/458 August 14, 2013 Critical Thinking and Society 1. Describe a situation in which critical and creative could have been used for a better outcome. Describe why it is important to think critically in similar situations. A situation in which critical and creative thinking could have been used for a better outcome occurs when the United States went to war with Iraq. In 2002, President George Bush declared that Saddam Hussein posed weapon of mass destruction. Even though the Intelligence could not confirm his assumptions and other nations not agreeing to invade Iraq the United States still declared war with Iraq. Once the war began the inspectors began to look for the weapon of mass destruction. After several months it was crystal clear the country had no weapons of mass destruction. By thinking critically and creatively the United States could have prevented a war thus, saving of trillions of dollars and thousands of lives. 2. Define free will, truth, knowledge, and opinion. Explain how we use them to form thoughts. Free will is defined as choosing to make a decision and do what he or she please at any time. Free will gives a person the ability to change his or her choices. Truth is defined as “what is so about something, the reality of the matter, as distinguished from what people wish were so, believe to be so, or assert to be so” (Ruggiero, 2009). Knowledge is by personal experience, observation, and report from other. We have faults...
Words: 604 - Pages: 3
...Critical Thinking Scenario John Doe ETH/316 August 5, 2015 Critical Thinking Scenario Wyoming's Upper Green River Valley is a crucial link to Yellowstone ecosystem. Every year thousands of animals including Antelope, Elk, and Mule deer, pass through the valley on a long migration from the Grand Tetons to their winter grazing pastures. This valley is also home to the rare Sage-Grouse. The valley is also the home to the vital trout habitat of the headwaters of the Colorado River. People have compared the green valley river environment to the environment of the Serengeti, because of the spectacular variety of wildlife. Locals and environmentalist say it is starting to look like Saudi Arabia because of the natural gas drilling sites. So the question is to drill or not to drill this is what we will discuss in this essay. Scientist and other experts claim that there’s large pockets of natural gas in this geological region and is attracting many natural gas companies to drill and extract this natural gas. Nightline reported an article stating “Experts have estimated that there’s roughly 20 trillion cubic feet of gas here. That would supply the entire nation’s natural gas needs for about a year. The same geological formation that creates a natural corridor for wildlife also holds rich deposits of natural gas, miles beneath the surface. This country’s increasing demand for natural gas coupled with new technology is turning this area into a bonanza for the energy industry...
Words: 1409 - Pages: 6
...AC 1.1Explain the difference between beliefs, attitudes and values Every person has a set of beliefs, values and attitude that are individual to them. A belief can be religious, it can be an assumption that something is true without any proof or verification, beliefs can also be a firmly held conviction, this can stem from something that they have been told from a young age, something that they have read or heard for instance I believe that people should not tell lies and if they do then I would lose trust in that person. Values underpin how we all behave, work and treat others, each person’s values can be very different, one of my values is that every person should be treated fairly, this value stems from my upbringing where as a child in a family of five children, my parents ensured that we were all treated fairly. This follows into my working life where I try to ensure that I treat all of my staff fairly and give each person the opportunity to progress in their career. A value is a principle or standard of behaviour and is a person’s judgement of what is important in life, the importance, worth or usefulness of something. A company may have a set of values that may be different to your own, in time you may accept these values as your own. Our values may be added to over time for instance as you start your working life you may value earning money and progressing in your career, as you have a family you may value family time over career progression. Abraham Maslow’s...
Words: 3375 - Pages: 14
...JEROME LICKISS CRT/205 WEEK 1 ASSIGNMENT INDIVIDUAL: WHAT IS CRITICAL THINKING MRS. BARBARA STEARS Critical thinking is as the old saying goes “thinking about thinking”, we use critical thinking almost in everything we do day to day, such as figuring out what we want to wear for that day. When we use critical thinking we are deciding whether or not criteria are of good sense of logical. If we were given a project such as designing something or evaluate something or do anything that involves coming up with a conclusion, you would have to stop and really think more critically of what it is you are going to design, how you’re going to deign it and whether or not the design will meet all the requirements that is expected. A lot of things need to happen when you’re using critical thinking especially if you were required to give a design especially at work. Examples of the steps you would take when using critical thinking would be taking notes, considering other designs and not just the one that just pops up in your head and as well as making sure that all the specs meet company requirements. Your basic goal when it comes to critical thinking is to be able to come up with a decision that is not only correct but wise. It is real easy for us to be able to just make a quick decision when it comes to any decision we face in life, which can have severe consequences if the wrong decision is made, but if we can take the time to evaluate our objective using standards or...
Words: 290 - Pages: 2
...Critical Thinking Assignment 1 Kim McLaughlin 01/26/2014 Abstract Our senses both enlighten and deceive our mind. Our senses act as a liaison to the world working hand in hand to shape our perception of who we are, where we are, and what is going on in our surroundings. Our senses nourish our brain a lot like food nourishes our body; without them our brain would be virtually blank. Provide at least three (3) reasons for believing in the accuracy or inaccuracy of sensory information. Our sensory information comes directly from our senses. For example, our eye sees what is taking place around us and sends the data to the brain so we can identify or recognize our surroundings. Thus, the information from the eye is real and not in any way modified or abstracted. Secondly we should believe in the accuracy of sensory information because our prior knowledge helps us to relate to what we perceive to be true. This brings about the production of sensory information that helps us in making decisions good or bad. Having accurate information, one is able to decide whether a particular taste is sweet, sour or bitter subject to what they perceive. One more example to support accuracy of sensory information is when a doctor whose patient has multiple symptoms and with his knowledge he diagnoses the correct illness and the patient gets well. Third, the data from our senses is very important especially in establishing a starting point for our learning and behaviour nuisances in the...
Words: 868 - Pages: 4
...Levels of Critical Thinking Hum/114 September 28, 2015 Dr. Belinda Moses Levels of Critical Thinking “Critical Thinking in Everyday Life” refers to three different levels of critical thinkers. These three levels are beginning, average and advanced. The beginning level contains a part I and a part II. On each part of the beginning level of critical thinkers, there exist many examples of basically not caring about critical thinking and not thinking that you really need to even use it to get by. Beginning critical thinkers often tend to do the things exactly the way they want, or how other friends and family do them and they do not commonly think outside the box. Average level critical thinkers are a very moderate critical thinker. They may have had little or no training on the subject and they tend to only think critically when the situation is convenient for them. They do understand that there might be more involved to their thought processes but they might not have learned just how to deal with things with critical thinking just yet. The average critical thinker has a thinking level above the beginner and not quite to the advanced, but there is an opportunity for these folks to learn and become advanced. The advanced critcal thinker is the not so common person who has learned all of the steps to critical thinking and has also learned how to apply those steps in order to solve problems. These are the people who have the ability to tell most truth from non truths and...
Words: 424 - Pages: 2
...Finding Inner Peace John Frazier Finding inner peace is easier than alot of people think it is. In a few simple steps I can explain how to begin this process. Of couse you will not become a spokes person for peace over night. However with time you will find yourself having a very relaxed way of thinking and living. Peace comes from within do not seek it without. The most critcal part of this journey is being able to love yourself 100%. Though this sounds easy, its not when you have a society that has made an image of what they consider a perfect male or perfect female. God has made every human on this earth have distintive features. And in his eyes they are all beautiful. If you are one who deals with self esteam issues, every morning look yourself in the mirror and say God does not make mistakes. Our first and last love is self love. The second step is accept what it is. There is only so much that we have control over. If we are presented with a situation that we can not change or affect then just let it be. "It is what it is" is something i like to say. For example say your going to be late for work becasue there is traffic and there is only one route to your job, instead of getting stressed out about being late for work understand that you can not physically pick up the cars and move them so just let it be. Obviously there is nothing you can do about traffic so don't think about it just wake up alittle earlier the next day. If you practice this on small situations...
Words: 437 - Pages: 2
...Comparison of Nurses Educated at the Associate Degree versus the Baccalaureate Degree Julie Tomoi August 24, 2013 Comparison of Nurses Educated at the Associate Degree versus the Baccalaureate Degree Research has begun to show the importance of the baccalaureate education for nursing in relation to patient outcomes, but nurses remain the least educated in all the health care professionals. Entry into the nursing profession has many avenues. According to the 2008 National Sample Survey of Registered Nurses, 50% of the RN workforce holds a baccalaureate (BSN) or graduate degree, while 36.1% are associate (ADN) and 13.9% are diploma nurses. (Rosseter, 2013) However, more and more the expectation is for AND nurses to complete a baccalaureate degree. These expectations are in the form of employers/hospitals wanting to obtain magnet status and the desire to improve patient outcomes. In a study released May 2008 in the Journal of Nursing Administration, research found that that every 10% increase in the proportion of BSN nurses on the hospital staff was associated with a 4% decrease in risk of death and failure to rescue by 5%. (Rosseter, 2013) Hospitals with magnet designations must show that plans are in place to achieve the Institute of Medicine recommendation #4 of having an 80% baccalaureate workforce by 2020. (Rosseter, 2013) As we look at the comparisons we first need to look at the educational requirements for both the ADN and the BSN prepare nurse. Upon completion...
Words: 696 - Pages: 3
...framework for critical thinking. Reviewed below. B. Know the names of the eight activities (each has an alternate term, but just need to know the main ones on the picture), and be able to match up descriptions of these activities with the correct name. SEE YOUR HANDOUT. C. Know the steps in the paramedic method, and be prepared to apply them to a problem sentence. Steps given below. Diana Halpern's (1996) Framework for Critical Thinking Definition: Critical thinking is the use of cognitive skills or strategies that increase the probability of a good outcome. CT is purposeful, reasoned, and goal-directed. Answer the following questions: 1. What is the goal? First step in improving thinking is to be clear about the goal or goals. Sometimes there are multiple goals; sometimes the goal changes as we work on a problem. If the overall goal is not OPERATIONAL (i.e., "get a good grade" or "reach a good decision"), then identify operational goals (write clearly, address all elements of the assignment, evaluate the consequences of alternative decisions). 2. What is known? Review what is known. You may know more than you realize, once you start taking a census. You may also realize that some of the apparently information is not certain at all. If you are completing an assignment or solving a problem for someone else, review guidelines for the assignment and ask yourself what the person cares about and values in a solution. 3. Which thinking skills will get you...
Words: 1484 - Pages: 6
...the continental U.S. (Wal-mart Corporate, 2012)”. Wal-mart is looking to make Kava another part of its international business but there are many obstacles that the company needs to do before opening its doors in Kava. “At Wal-mart, we believe in a philosophy of operating globally and giving back locally. We know we can make the greatest impact on our communities by supporting causes that are important to our customer's right in their own neighborhoods”. (Wal-mart Corporate, 2012) After talking to Alex; it has become clear to me that it will not be an easy task so my critical thinking skills has to almost be flawless in this situation. After soaking in all the information Alex informed me of; my first order of business is get settle into my new home for the next three weeks and start brainstorming on how to knock out these problems. After Brainstorming for a few hours last night, I found my-self thinking about the problems this beautiful island Kava has had. So today, my first full focus is to find out how can Wal-mart give back to a community who’s been hit with some many disasters. Wal-mart has a headquarters in the United States that specializes in helping other countries such as Kava that have been plagued by natural disasters. Wal-Mart is all about doing what is right; as a company Wal-mart...
Words: 1071 - Pages: 5
...Change and Continuity in Contemporary Business Assignment Brief Cardiff School of Management Assignment Details Course Title Module Title Assignment Title Assignment format Assignment length Assessor Name Handing out Date Handing in Date (Due date for submission to LSBM) BSc in Business Management studies (top-up) Change and Continuity in Contemporary Business Globalisation Individual Assignment (100%) 3000 words Mark Powell 8th October 2012 17th December 2012 Assessor : Mark Powell Signature: Date: Internal Verification and Approval Internal Verifiers Date Reza Aboutalebi The College Notes Essential Considerations Note 1: No academic member of staff has the power to allow a late penalty to be lifted or for an extension to be given to a student(s). Note 2: Should you require assistance for submitting assignments, please refer to the BA handbook. Assistance from the office can only be given during office hours. Instructions for Assignment Submission Please refer to the LSBM general drop for detailed assignment submission instructions. You must follow these instructions exactly. Created by Mark Powell Page 1 Change and Continuity in Contemporary Business Assignment Brief Assignment Brief You are required to successfully complete one 3000 word essay from a choice of 3 questions examining Globalisation Choose Only ONE of the following questions: not required ones ( YOu can compare that one to books that are required herts friedman:...
Words: 1284 - Pages: 6
...family and friends to encourage them to do what they dream. And I know my mother also likes to travel, but sadly, she always thinks taking good care of family is her only responsibility, she cannot leave home. I always tell her, “ Your kids are grown up. Don’t worry too much about us. Just go anywhere you want to go.” But she just cannot. So now, I am here. I took a lot of pictures and sent them to my mother, then told her about where I live and how it looks like here. I hope I can be a good writer or storyteller, when people read or listen to my story, they can feel they are here with me. Especially my mom, I wish I can use words with pictures to let her sees what I have seen. I was thinking to write a letter for my father before I came here, but I failed it, I cannot written up what I was thinking. My father is a traditional Chinese father, his face is always looks like serious, and he doesn’t talk too much, also sometimes I don’t really talk to him, it is because I can feel that he always thinks I am too childish and I don’t like that feeling. The night makes me so impressive. We were talked for few hours in the night of Taiwan Father’s Day which is on October 8th. We were talking about our past, our present, my future, our religion, my career and future goals. I don’t remember we had talked so long like this time. I talked to him just like me talk with an old friend, it is a natural conversation. Then I thought he will realize that I am not a child anymore and he can recognized...
Words: 879 - Pages: 4
...1. In the "Heinz and the Drug" case described in the chapter, Heinz's actions falls into which of Kohlberg's stages? A. Stage 1 B. Stage 2 C. Stage 3 D. Stage 4 2. In stage 1 of Kohlberg's model, ethical reasoning is motivated by: A. Fear of punishment B. Satisfaction of one's needs C. Following the law D. Acting based on universal ethical principles 3. In the DigitPrint case, at which stage does Wally Wonderful reason if he insists on compliance with GAAP? A. Stage 2 B. Stage 3 C. Stage 4 D. Stage 5 4. Each of the following is an element of Rest's model of morality except for: A. Moral sensitivity B. One's stage of ethical development C. Moral motivation D. One's courage in making decisions 5. The actions of Sherron Watkins in the Enron case appears to reflect each of the following except for: A. Moral sensitivity B. Egoism C. Enlightened egoism D. Professional skepticism 6. Professional judgment in accounting includes each of the following attributes except for: A. Exercising due care in carrying out one's professional responsibilities B. Maintaining one's objectivity in decision making C. Maintaining one's integrity in decision making D. Acting in accordance with the moral point of view 7. In Thorne's model of ethical decision making, the instrumental virtues relate to: A. Moral sensitivity B. Ethical reasoning C. Ethical motivation D. Ethical character 8. In Cherron and Lowe's study of the link between professional skepticism and management accountants, the authors...
Words: 405 - Pages: 2
