Activity 1: Independent Activity Direction: Read the scenario carefully. Follow the steps in decision-making and make a decision to see what you would do if you were placed in that situation.
Scenario: You are a manager on a restaurant that caters various kinds of dishes from the different countries in Asia. The owner of the restaurant asked you to prepare American Cuisine for his business partners. As the manager, what would you do?

Step 1. identify and define the problem.
Step 2. Generate and evaluate alternveces alcen
Step 3. Choose the most alternative courses of action.
Step 4. Implement the chosen course of action.
Step 5. evaluate the results. (in order to evalaute the results, answer the following question)
How will your decision work? How will it affect your job? how will it affect the company?​

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.

Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.