Consider the following list, and indicate and explain whether each best fits the definition of a problem, opportunity, or system. Walmart's stock price has decreased 25 percent between 2007 and 2009. A furniture manufacturer and retailer in North Carolina reads a research report indicating consumer trends toward Australian Jara and Kari wood . The export of these products is very limited and very expensive.
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decrease in store traffic for a children’s shoe store in a medium sized city mall. Answer: Problem Clearly this is a problem, as there is an evidence that there is a decrease in foot fall of the customers; which negatively impact the top and bottom line. b. FedEx’s fuel costs increase 100 percent between 2005 and 2006. Symptoms Clearly this is a symptoms of the company's lack of operational effectivessness. Partially, it may be due to the rise in global fuel price or probably due to the rising customers/parcel deliveries; however, it needs to be assessed carefully. c. A furniture manufacturer and retailer in North Carolina reads a research report indicating consumer trends toward Australian Jara and Kari wood
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