use the article Pollution Abatement Spending and Corporate Profitability from your reading this week which describes a business problem that might be encountered by a contemporary manager. This case study includes a solution to this problem using one of the management science tools you have been studying. The format of the solution you have read is what a manager might expect to see as the output of a computer program designed to solve similar problems.On the basis of the information provided and your own research:Explain the nature of the problem you have read, including why this problem is important.Explain the tool that was used to solve the problem.Introduce another tool that you think could have solved this problemDetail the potential benefits and the potential drawbacks and dangers of using management science techniques to solve the problem.Summarize the solution provided to you and present a detailed plan for applying this solution in this scenario. Thoroughly justify your plan on the basis of your understanding of the problem scenario and the solution results you have been provided. Be sure to include an evaluation of the expected benefits and risks of your plan.

Answered: xplain the nature of the problem you…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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use the article Pollution Abatement Spending and Corporate Profitability from your reading this week which describes a business problem that might be encountered by a contemporary manager. This case study includes a solution to this problem using one of the management science tools you have been studying. The format of the solution you have read is what a manager might expect to see as the output of a computer program designed to solve similar problems.

On the basis of the information provided and your own research:

Explain the nature of the problem you have read, including why this problem is important.
Explain the tool that was used to solve the problem.
Introduce another tool that you think could have solved this problem
Detail the potential benefits and the potential drawbacks and dangers of using management science techniques to solve the problem.
Summarize the solution provided to you and present a detailed plan for applying this solution in this scenario. Thoroughly justify your plan on the basis of your understanding of the problem scenario and the solution results you have been provided. Be sure to include an evaluation of the expected benefits and risks of your plan.

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