Discuss the four essential elements of developing alternatives with example. Do you think selling products with built-in obsolescence is an ethical way to do business?

Drive Innovation with Better Decision-Making

Assignment Instructions for Part-I:

following the article:

Title:        “Drive Innovation with Better Decision-Making.”

Author:        Linda A Hill, Emily Tedards, Taran Swan

Date of Publication:    November–December 2021

Published:     Harvard Business Review

 

Assignment Question(s):     

Part-I

Read the article titled as “Drive Innovation with Better Decision-Making.” by Linda A Hill, Emily Tedards, and Taran Swan published in Harvard Business Review, and answer the following Questions:

Summarize the article and explain the main issues discussed in the article. (In 500-600 words)

According to the article, why we should focus on Decision-Making? Discuss in relation with the text you learnt in the course. Use additional reference to support your argument. (In 400-500 words)

Part-II- Critical Thinking Question

“Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.” Explain the statement with example    (Words 400-500)    Answers

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Discussion

1.Watch the short video in the following link:

Develop Alternatives:   https://youtu.be/wyILlakKXiM

 (Question):

Discuss the four essential elements of developing alternatives with example.

2.Read the following statement:

Built-in obsolescence means designing products that will degrade over time or otherwise need to be replaced. Many products depend on built-in obsolescence to ensure sales, such as light bulbs, batteries, and electronic devices.

(Question):

Do you think selling products with built-in obsolescence is an ethical way to do business?

 

3.Read the following statement:

“Critical thinking is the opposite of creative thinking.”

  (Question):

Do you agree? Provide examples of why you agree or disagree.