26 Jun Explain how critical thinking for decision-making is applicable to the scenario. Use evidence to support your explanations.
Analyze the diversification strategy of Kimberly-Clark using the documents linked within your Soomo web text.
https://americanbusinesshistory.org/kimberly-clark-from-commodities-to-powerhouse-brands/
https://www.kimberly-clark.com/en-us/company/innovation
Explain how critical thinking applies to decision-making based on your review of a real-world scenario. Specifically, you must address the following rubric criteria:
· Application: Explain how critical thinking for decision-making is applicable to the scenario. Use evidence to support your explanations.
o What makes critical thinking crucial for decision-making?
· Analysis: Explain how information (such as facts, opinions, and published reports) is used to determine or establish the context. Use evidence to support your explanations.
o Why do you think the company reached the decision to diversify?
o What steps do you believe were taken? Explain your response using sources found during the research of your selected company.
· Conclusion and related outcomes: Describe the role of logic, evidence, and arguments in the company’s decision-making process.
o Was the decision to expand products, services, or value chain successful? Why or why not?