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Wallmart facing the problem

QUESTIONS FOR PROBLEM-SOLVING PROPOSALS

Definition of a Problem: A situation, issue, policy, or practice this is difficult and perplexing but can be improved or solved.

- What is a current situation, policy, practice that you see as a problem?

- How do you know the current situation, practice, or policy is not beneficial?

- Can it be improved, changed, eliminated? How do you know?

BACKGROUND

Extent: Who/what does the problem hurt? In what way?When? For how long? With what results?

- Evidence that negative results are caused by this problem?

Origin: When did the problem start?

- Evidence of its origin?

Causes: What are some of the causes of the problem?

- Evidence that these are the causes?
- Evidence that these are the only or even chief causes?\

Attempts at Solutions: Has anyone before tried to solve this problem here or elsewhere? When? How? With what effect?

- Lessons learned from past attempts?
- Lessons learned from solutions to similar problems?

STATEMENT OF NEED

- What is your proposed solution?
- Why did you choose it over alternative solutions?
- If your solution is accepted, what benefits will be gained. By whom? How soon?

PLAN OF ACTION

- What steps need to be taken to get ready to start putting your proposed solution into effect?

- What people need to be involved in planning the implementation of the solution?

- What steps need to be taken to implement your solution?

- What materials/equipment will be needed to accomplish each step?

- What facilities (space, utilities) will be needed at each step? How will they be used? For how long?

- What people will need to be involved at each step of the implementation? What will they need to know and do? For how long?

BUDGET

- How much will it cost for the people needed? How do you arrive at the total?

- How much will it cost for the materials/equipment? How do you arrive at the total?

- How much will it cost for facilities? How do you arrive at the total?

- What other direct costs will there be? How do you know?

- What are indirect costs (time lost by personnel; health benefits; insurance for equipment; unexpected delays)?

- What will be the total cost? How do you arrive at the total?

- How will this proposal be funded? Direct sources? Indirect sources? Evidence for availability of the needed funds?

SCHEDULE

- How long would it take to plan to start implementing the proposed solution?

- How did you arrive at this answer?

- How long will it take to have the proposed solution approved?

- How did you arrive at this answer?

EVALUATION

- What method of monitoring progress will you use?

- What method of evaluation of success/failure will you use?

CONCLUSIONS AND RECOMMENDATIONS

- What are the reasons in favor of implementation (summarized)?

- What is the group's recommendation?

ILLUSTRATIONS

- Most helpful choices?

- Correct label, title, and arrangement?

- Introduced and interpreted in text?

APA MATTER

References: (APA formatted)APA Citation Style.htm (control+click to follow link)

Appendix (es).

Corporate Finance, Finance

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