Principles Of Business And Finance

Directions: It’s your first year of high school, and it’s a lot different from the 8th grade. Your school is a lot bigger. There are a lot more cliques. There’s a lot more pressure to be cool. Annie has been your best friend since 3rd grade, but in high school, she’s not fitting in as well as you are. A lot of the upperclassmen have started inviting you to go out with them on the weekends, but they never invite Annie. You want to be friends with them and with her. This weekend, you and Annie have planned an all-night movie marathon at her house. Then, on Friday, a junior asks if you want to go to the football game with a big group of people. You feel torn. You really want to go with the group, but you would feel horrible ditching Annie.

Demonstrate your skill at problem solving by using the seven-step method to solve this problem. You may assume details such as what time the football game starts, what time you planned to be at Annie’s, how Annie reacts to being left out, etc. Since this is a hypothetical situation, you will not be able to perform step seven, evaluating the solution.

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1. Define the problem.

2. State and check your assumptions.

3. Collect information.

4. Analyze the information.

5. Determine possible solutions.

6. Select and implement a solution.

7. Evaluate the solution. Since this is a hypothetical situation, you will not be able to perform step seven, evaluating the solution.

Principles of Business and Finance (BF102X0000)
Assignments
Unit 3 Formal Writing Assignment Sept 25.For more Information on Principles Of Business And Finance  check on this: https://en.wikipedia.org/wiki/Managerial_finance

 

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