Examlex
The value chain concept relates to a channel of distribution.
Divergent Thinking
A thought process or method used to generate creative ideas by exploring many possible solutions, characterized by open-ended, spontaneous, non-linear thinking.
Convergent Thinking
A thought process that focuses on arriving at a single, correct solution to a problem by applying logical steps and factual knowledge.
Functional Thinking
A problem-solving approach that focuses on how things work and seeking practical ways to accomplish a given task.
Circular Thinking
A form of reasoning in which the conclusion is pre-assumed in one of the premises, often leading nowhere or to logical fallacies.
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