Steps to Analysis the problems of a firm

Define the central issue Define the firm’s goals Identify the constraints to the problem Identify all the relevant alternatives Select the best alternative Develop an implementation plan

What is the Dunning-Kruger Effect?

The Dunning-Kruger effect occurs when a person’s lack of knowledge and skill in a certain area causes them to overestimate their own competence. By contrast, this effect also drives those who excel in a given area to think… Read More