Business Problem Solving Steps
Business Problem Solving Steps
Problem-solving is an essential part of running a business. Solving a problem calls for a complete understanding of the cause so that a valid decision that will tackle the problem can be formulated. Decisions are made to adopt measures that will mitigate the effects of the problem and eliminate its cause. A comprehensive decision-making process constitutes five steps: problem definition, determining the cause, identifying workable solutions, narrowing down on the best solution, and lastly decides on the best course of action. This paper focuses on problem-solving process at Abercrombie and Fitch.
Abercrombie and Fitch is ...