Assignment: Solving A Business Problem
Create an 8-10 slide PowerPoint presentation that defines a business problem, explains how the problem affects an organization, and describes possible solutions. Recommend the best solution for the problem and organization, and justify the recommendation.
The ability to effectively solve complex business problems is critical to sustaining organizational quality, essential to achieving strategic goals (Deutsch, 2013). Van Aken, Berends, and Van Der Bijthe (2012, p. xiv) note that in solving business problems the "focus is on designing what can be, or what should be, in order to improve the performance of a specific business system on one or more criteria."
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
• Competency 1: Explain the underlying principles of successful business.
o Explain how a business problem affects an organization
o Explain how a solution to a business problem will result in increased sustainability.
• Competency 3: Solve business problems using critical and creative thinking.
o Describe solutions to a business problem.
o Explain the advantages and limitations of solutions to a business problem.
o Recommend a solution to a business problem.
o Support a recommended solution to a business problem with relevant evidence.
• Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for the field of business.
o Write in a well organized, clear, and succinct manner.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Reference
Deutsch, C. (2013). The seeking solutions approach: Solving challenging business problems with local open innovation.
Van Aken, J., Berends, H., & van der Bij, H. (2012). Problem solving in organizations: A methodological handbook for business and management students (2nd ed.). Cambridge, MA: Cambridge University Press.