Chapter 1, Problem 1.7CE1

A)

Explanation of Solution

Experimentation:

Experimentation is the process to try out new ideas or activities to the available resources by creating and testing new promising alternatives.

Importance of experimentation for business people:

• Today’s business world is competitive and d...

B)

Explanation of Solution

Experimental ways to answer questions:

• Students can answer questions by trying out experiments on various ways of collaborating.
• Rather than the conventional use of ...

C)

Explanation of Solution

Mention about how the fear of failure can influence the willingness to participate in any of the ideas:

• When one of the team members responds by saying – “this approach will never work”, that is a reflection of fear of failure...

D)

Explanation of Solution

Failure of effective experimental skills by Jennifer:

• Jennifer failed to display experimental skills a...

E)

Explanation of Solution

Steps to increase willingness to take risks:

• One of the methods to increase willingness to take risks is by working in a team and practice new ideas with the group that accepts new id...