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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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1-1 Assignment

Q Overview Business leaders are often faced with situations that require swift but responsible decisions. You’ve learned how critical thinking is more than simply evaluating the pros and cons of a situation. It is a method that engages broad thinking abilities that include brainstorming, data analysis, creativity, collaboration, and reflection. The ability to adapt to ever-changing conditions through critical thinking and decision making is key to capitalizing on market upturns and staying afloat during economic declines. As part of this course, you will complete a series of assignments. Prompt For this assignment, analyze the diversification strategy of either Disney or Kimberly-Clark using the documents linked within your Soomo webtext. Explain how critical thinking applies to decision making based on your review of a real-world scenario. Specifically, you must address the following rubric criteria: • Application: Explain how critical thinking for decision making is applicable to the scenario. Use evidence to support your explanations. o What makes critical thinking crucial for decision making? • Analysis: Explain how information (such as facts, opinions, and published reports) is used to determine or establish the context. Use evidence to support your explanations. o Why do you think the company reached the decision to diversify? o What steps do you believe were taken? Explain your response using sources found during the research of your selected company. • Conclusion and related outcomes: Describe the role of logic, evidence, and arguments in the company’s decision-making process. o Was the decision to expand products, services, or value chain successful? Why or why not? To begin, choose one of the following to focus on for this assignment and review the corresponding document provided in the Soomo webtext. • Kimberly-Clark • Disney Guidelines for Submission Complete the Critical Thinking for Business Decisions worksheet in your Soomo webtext, download your completed work, and submit it in Brightspace for instructor feedback. You should write using a professional voice, and any sources should be cited according to APA style. Your assignment must be between 400 and 800 words in length.

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Application It is important to take into account the fact that surround the company's current state and use those to implement a diversification strategy that will be effective with maintaining the company's goals. Critical thinking is important in this situation because it dictates the steps that need to be taken to make a move on the books for a better margin. Taking all of the available facts such as the decrease in gross margin and flat year-over-year sales growth for 2017-2018, these facts communicate that the company doesn't only need more products but also needs a major restructuring.