Critique of a Problem Statement

Business Finance

Review the following four problem statements. Select one of the problem statements, and in your initial post, rewrite the problem statement in a clear, concise format as described in Chapter 3 of your textbook.

  • Our process for making widgets cannot fulfill the customer order requirements.
  • The process for admitting patients takes too long.
  • The applications for loans have too many errors.-THIS IS THE ONE I WANT TO WRITE ON
  • Inventory is too high and needs to be minimized.

In your response post, offer critique of your peers’ problem statement rewrites. Offer suggestions for improvement or commentary as to why it is now a well-stated problem statement.

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