The Manager of Sudden Valley Corp Called a Problem-Solving Meeting

question 12

Multiple Choice

The manager of Sudden Valley Corp called a problem-solving meeting after noticing a few glitches in the brand-new multiple listing service website. The manager acted as a facilitator in the meeting and asked each agent to come up with as many ideas as possible within a half-hour timeframe. He also dissuaded them for criticizing any other member's ideas. After half an hour, he orally discussed each of the suggestions with the team, and they zeroed in on an appropriate solution. What problem-solving technique did the manager use?

• A)Brainstorming
• B)Groupthinking
• C)Piggybacking
• D)Sequencing

---

Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to a change in price, indicating how a price change can affect market dynamics.

Absolute Value

The non-negative value of a number without regard to its sign.

Demand Schedule

A table that shows the quantity of a good that consumers are willing and able to purchase at various prices.

Price Elasticity

The examination of demand sensitivity to price modifications of a particular good.