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Tasty Chicken Inc.is a large producer of chicken for grocery stores.It usually engages in a long-term contract with these stores to maintain demand for its product.However,Tasty Chicken is regularly plagued with rising and falling prices for its supplies: particularly chicken feed and new chicks.Should Tasty Chicken vertically integrate upstream,building or buying a hatching company and an animal feed company? What are the pluses and minuses of such a decision?
Creative Problem Solving
An approach to tackling challenges with innovative and non-traditional strategies, emphasizing thinking outside the box.
Incubation
A period of subconscious processing that contributes to problem-solving and creative thinking, often occurring after a period of active work on a problem.
Divergent Thinking
A thought process or method used to generate creative ideas by exploring many possible solutions.
Convergent Thinking
A thought process that aims at arriving at a single, correct solution to a problem.
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