1. Abstract reasoning.
a. Define abstract reasoning, and explain why it is an important skill for business professionals.
b. Explain how a list of items in inventory and their quantity on hand is an abstraction of a physical inventory.
c. Give three other examples of abstractions commonly used in business.
d. Explain how Jennifer failed to demonstrate effec- tive abstract-reasoning skills.
e. Can people increase their abstract-reasoning skills? If so, how? If not, why not?