Tasty Pastry Bakery Shop is having problems with its sticky buns. The bottoms are burning and the customers are complaining. Management has identified the problem and is looking into possible alternative solutions
They could change the recipe and reduce the sugar, which burns quickly. They could change the type of pan they are using. They could lower the temperature of the oven. They have tried changing the type of pan from steel cookie sheets to glass pans; however, the buns are still burning. What should they do now?A) keep using the glass pans and hope the buns stop burning
B) give up and decide not to bake the sticky buns anymore
C) switch back to metal pans and accept that the buns will be a little crisp
D) try reducing the amount of sugar or lowering the temperature
E) lay aside the issue for a while to gain clarity
D
Explanation: D) In this scenario, feedback on the plan of action was not positive: the buns were still burning. At this point, it's reasonable to pursue one of the alternative courses of action to see if either is more effective. If neither alternative is more effective, then the entire decision-making process will need to begin again.
You might also like to view...
Jason has no need for recognition in his job. He is more interested in his team succeeding and the greater good of their community. What type of values-based leadership style is he exhibiting?
A. authentic leadership B. spiritual leadership C. servant leadership D. ethical leadership
The Clear Water Act authorizes the Environmental Protection Agency (EPA) to establish national primary drinking water standards
Indicate whether the statement is true or false
Under which decision making criterion is Vanderbilt University the optimal choice?
Napoleon is contemplating four institutions of higher learning as options for a Masters in Business Administration. Each university has strong and weak points and the demand for MBA graduates is uncertain. The availability of jobs, student loans, and financial support will have a significant impact on Napoleon's ultimate decision. Vanderbilt and Seattle University have comparatively high tuition, which would necessitate Napoleon take out student loans resulting in possibly substantial student loan debt. In a tight market, degrees with that cachet might spell the difference between a hefty paycheck and a piddling unemployment check. Northeastern State University and Texas Tech University hold the advantage of comparatively low tuition but a more regional appeal in a tight job market. Napoleon gathers his advisory council of Kip and Pedro to assist with the decision. Together they forecast three possible scenarios for the job market and institutional success and predict annual cash flows associated with an MBA from each institution. All cash flows in the table are in thousands of dollars. School Scenario 1 Scenario 2 Scenario 3 Vanderbilt 95 20 -10 Texas Tech 55 60 60 Seattle 90 10 80 Northeastern State 65 50 60 A) maximax B) maximin C) minimax regret D) equally likely
Tryst Energy Inc has an average age of inventory of 65 days, an average collection period of 60 days and an average payment period of 65 days. The firm's total annual outlays for operating cycle investments are $3.65 million
Assuming a 365-day year, how much financing is required to support its cash conversion cycle? A) $600,000 B) $650,000 C) $700,000 D) $559,000