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

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Module One Assignment

Module One 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 Professionals should use critical thinking in all aspects of workplace projects to avoid costly mistakes. Critical thinking is important since it ensures that a corporation has a logical solution to a problem, with final buy-in from all parties about a result that will ultimately repay the firm's money, time, and principal anxiety. Every large business might be the source of a problem. As a corporate manager, you must be capable of addressing a problem by critically comprehending it. Rather than seeing the quandary as a hindrance, consider it a task to overcome. Critical thinking may plan to concentrate on building Disney's trademark portfolios while using the corporation's expenditure and financial skills and managing capital in value-creating ways.