Within our company, you can recognise if a business problem exists by observation. If you’re clients are leaving and if you are not getting new customers, then this is a way of recognising that a problem exists.
In a larger company, I would imagine that they recognise business problems by keeping management reports on everything you do and then compare them with the businesses expectations. If anything is below the expectation then it should be looked into further to see where the problem is.
1.2 Explain how to identify possible causes of business problems
Within our organisation, as there is only me and the boss, we identify when a business problem exists is by observation of our own work and each other’s and also get told by our clients if they think there is a problem. From there we can try and identify cause of the problem.
Within a larger …show more content…
Within our organisation we write down using bullet points in order, what we are going to do and once we have finished each step we cross it off so we can focus on the next step.
2.2 Describe different ways of solving business problems
In a business environment, there are many different types of problems that you end up faced with and each problem has its own method to solve it. For each problem to be solved you need to come up with targets, strategies, resources, communication, decisions and commands.
One of the problems that occur frequently within our business is that clients have brought in bank statements with sheets missing. To solve this problem we have to get in touch with the client and tell them exactly what we are missing and tell them to send this on to us as soon as possible.
2.3 Give reasons for having support and feedback from others when problem