Question: ENG 330 Analytical Thinking and Problem Solving Homework III (Project Work) Assume that you are working in an Automobile manufacturer. When you analyze your sales,

ENG 330 Analytical Thinking and Problem Solving

ENG 330 Analytical Thinking and Problem Solving Homework III (Project Work) Assume that you are working in an Automobile manufacturer. When you analyze your sales, you realize that your sales in domestic and international markets are decreasing linearly in the last 3 years. Apply problem-solving technique step-by- step and find a solution for this problem. You should use at least one method for the following steps: 1) Problem Identification (Benchmarking, SWOT Analysis) 2) Root-Cause Analysis (The 5 Whys, Flow Charts / Process Mapping, Cause and Effect (Fishbone) Diagram, Tree Diagram, Force-Field Analysis, Scatter Diagrams, Control Chart) 3) Formulating the Hypothesis (Brainstorming) 4) Collecting Facts 5) Conducting Analysis (Benchmarking, SWOT Analysis, Force Field Analysis, Cost Benefit Analysis, Impact Analysis, Pareto Chart) 6) Decision

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!