Essay: Problem Formulation
Problem formulation involves a number of steps that must clearly be understood. The process begins by identifying the problem; the problem must first be clearly be understood, the available resources within the business are the identified, the resources must be identified so as to solve the problem.
The action to be taken and the constraints in each alternative course must be identified and their possibility to solve the problem. The best solution must of the problem is them identified so as to solve the identified problem completely to the satisfaction of the management and the firm in general. The process of problem formulation must define the expected solution of the problem after using the available resources in the business. This process is normally of great essence than the problem solving process its self since a well formulated problem is easily solved that a problem solving process with poorly formulated problem. A well formulated problem is a key step towards ending a problem completely.