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Running Head: BUSINESS 1
Running Head: BUSINESS 1
Running Head: BUSINESS 1
Business
Student’s Name
Institutional Affiliation
Date
BUSINESS 2
Every day, we are faced by, and the difficulties we face may be large or small. The
significant challenges are always intimidating while the minor problems are always mind-
numbing. We cannot avoid them because they are also part of our everyday success. Leaders
are in their positions because they are good at providing solutions to problems (Goodnough &
Hung, 2008). However, some of the troubles always sneak past the leaders and causes a stir.
A nine-stage process is a tool that we can utilize to solve all the difficulties we face. For
example, in the case of Nike, the firm can use the nine-stage process to find a solution to the
Nike plans to create and produce a brand-new cross-training sneaker. The firm has made all
the necessary preparation, and it is ready for the production of the sneaker (Stark, 2012).
However, the price of the material that should be used in the output of the sneaker-sole has
increased in price. The supplier of the material is unique, and this has increased the cost of
production to Nike.
The problem affects Nike because it has increased the cost of production of the new sneaker
(Zwilling, 2011). The main cause of the process is the increase of the material used in the
The real problem affecting the company is the increase in the price of the material used in the
The possible solution to this challenge is, Nike should consider using a different but unique
material in the production of the sneaker sole. The material should be affordable and readily
The firm can also decide to develop a new brand of sneaker that uses a different material to
produce (Harbers, 2018). The materials required to produce the new sneaker should be
From these two alternatives, the best option is the development and the production of a new
brand of sneaker which the company can quickly get the material to use in the creation of the
new sneaker (Snyder & Snyder, 2008). The new brand of sneaker may be designed as the
original brand, but the material used in the production should be affordable and readily
available.
The team should seek approval from all the management and even the employees. Seeking
approval will help the team to get more ideas from other people that may help develop the
new brand (Treffinger, Selby & Isaksen, 2008). People who may oppose the solution will
also be included in the problem-solving process, and they will not cause more problems to the
After developing support for the decision, Nike should be ready for the production of the new
brand of sneakers. The firm may purchase new material and bring together the required
resources that would be used in the production of the new brand of sneakers.
Nike should monitor the results of the new decision by determining the cost production of the
new sneaker and cross-checking it with the cost of production of the original sneaker. The
firm should also monitor the sales of the new brand of sneakers.
We cannot avoid all the problems we face in our daily lives, but we can minimize the effects
of the problem.
BUSINESS 5
References
Goodnough, K. C., & Hung, W. (2008). Engaging teachers' pedagogical content knowledge:
https://www.learningtribe.nl/2018/05/27/the-nine-stages-of-socratic-design/
Proctor, T. (2010). Creative problem solving for managers: developing skills for decision
Snyder, L. G., & Snyder, M. J. (2008). Teaching critical thinking and problem-solving skills.
https://peterstark.com/problem-solving/#
Treffinger, D. J., Selby, E. C., & Isaksen, S. G. (2008). Understanding individual problem-
solving style: A key to learning and applying a creative challenge to solve. Learning
Zwilling, M. (2011). Nine Steps to Effective Business Problem Solving. Retrieved from
https://www.businessinsider.com/nine-steps-to-effective-business-problem-solving-
2011-7?IR=T