The Ultimate Goal of the Problem Identification Step of the Problem-Solving

question 21

Multiple Choice

The ultimate goal of the problem identification step of the problem-solving process is

• A) collecting lots of information.
• B) helping the decision maker realize there is a problem.
• C) identifying the root problem or problems causing the mess.
• D) convincing the decision maker the mess is really a problem that can be solved.

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Definitions:

Financial Statement

A written record that conveys the business activities and financial performance of a company, typically including the balance sheet, income statement, and cash flow statement.

Permanent/Temporary

Refers to accounts on a company's balance sheet that are carried over from one accounting period to the next, with permanent indicating long-term accounts and temporary indicating accounts that are closed at the end of each period.

Coal Deposit

A geological formation containing a natural accumulation of coal, which can be mined for use as a fuel.

Tons Available

A measurement indicating the quantity of a commodity or material expressed in tons that is available for use or sale.