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What process is used to determine if the benefits caused by mitigation exceed the costs of the solution?
benefit/cost analysis
Why is it important for a business to quantify expected benefits of implementing a solution to a problem?
Quantifying expected benefits helps a business make informed decisions by providing a clear understanding of the potential return on investment (ROI) of a solution. It allows for better resource allocation, prioritizing initiatives that offer the greatest value. Additionally, quantifying benefits aids in aligning stakeholders and securing buy-in, as it demonstrates the tangible impact of the proposed solution on the organization’s goals. Ultimately, this practice fosters accountability and helps measure success post-implementation.
What should you do when recommending a problem's solution to a decision maker?
When recommending a solution to a decision maker, clearly outline the problem and present your proposed solution with supporting evidence, including data and potential benefits. Address any potential risks and counterarguments to demonstrate thorough consideration. Be concise and focus on how the solution aligns with the decision maker's goals or priorities. Finally, invite questions to facilitate discussion and ensure understanding.
What are the six phases in decision making in entrepreneurship?
Define Problem Statement Generate Multiple SolutionsAvoid premature decisionsGenerate Problem Solutions Define evaluation criteria for all solutions.evaluate Advantages & dis advantages for each solution.Select Best SolutionIdeas to Action (Select Action/Solution) Involve key participationGain AcceptanceCommitment for solution to work.Solution Action Planning (Agreement) Post Implement Analysis.EvaluationLessons LearnedSolution Evaluation Planning Evaluate how well the problem was solved.Evaluation of outcome and process
Definition of basic feasible solution?
feasible solution
What does litumas do?
If you think to litmus, this is used to evaluate the pH of a solution.
How do you determine basicity?
Measuring the pH it is possible to evaluate the basicity of a solution.
What are the four steps in a rational decision making model?
1. identify the problem or opportunity. 2. generate alternative solutions 3. evaluate alternatives and select a solution. 4. implement and evaluate the solution chosen.
What do scientists propose and test to arrive at a solution?
a hypothesis
Why do scientists use stirbars in the laboratory?
to agitate the solution
Can you use eye irrigating solution eye-wash for normal saline solution for wound care?
for minior injuris an opthamologist should evaluate you
Why1.2 percent water solution of potassium chloride used in UV calibration?
The solution of potassium chloride is used to evaluate the stray light.
What kind of instrument might a scientist use to solve a math problem?
Scientists will generally use their brains to solve math or other problems. Once they have established the mathematical formula to be solved, they would use a computer or (scientific) calculator to evaluate the math problem and get a solution.
Is there any benefits from plane Lr solution?
tangerine
How do you determine whether a number is a solution of an equation?
Substitute the value found back into the equation, evaluate the expressions and see if the resulting equation is true.
Scientists meet to determine the effectiveness of the robotic machine sent to Mars?
Scientists analyze the data collected from the robotic machine to assess its performance on Mars. They compare the machine's functionality, data accuracy, and efficiency in carrying out its intended tasks to evaluate its overall effectiveness in the Martian environment. The results will help determine the success of the mission and inform future advancements in robotic technology for space exploration.
How do Scientists measure the strength of an acidic or basic solution by?
Scientists measure the strength of an acidic or basic solution by using the pH scale, which ranges from 0 to 14. A solution with a pH below 7 is acidic, while a solution with a pH above 7 is basic. The lower the pH, the stronger the acid, and the higher the pH, the stronger the base.
