What are the methods for developing alternative solutions and strategies?
Is there a clear road map for developing an alternative solution? Why or why not?
When should alternative solutions be developed? Provide an example to support your answer.
Firms are often engaged in decision making processes to address different problems that arises within its province. However, when the laid down mechanisms fails to address the problem existing in the firm, the management is pushed to come up with an alternative solutions and strategies that addresses the same. For this reason, there is need to come up with a proper method which is in tandem with these alternative mechanisms. This is the focus of this paper, to robustly dig deeper in into alternative solution in terms of how and when it should be developed and also put into consideration the correlated processes.