Question

Estimated Time(20 Minutes
Objective)

To provide you with an opportunity to monitor records to identify trends that may require remedial action; and use to promote continuous improvement of performance; and modify policy and/or procedures as required to ensure improvements are made./

Activity-
1. What is a trend? Give an example.
Answer:-
2.You have found a problem with a procedure. How could you find a solution?

Answer:-

Answer 1

ANS. 1  A trend is a general direction into which something is changing, developing, or veering toward. Trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as the trend, attempting to profit from a continuation of that trend.
For example:-
1.An example of trend is a northern moving coastline.
2. An example of trend is when the number of murders in a city reduce downward.

ANS. 2 Process to find a solution to a problems are:-

1. Define the problem.

In understanding and communicating the problem effectively, we have to be clear about what the issue is. Remember to focus on the behaviour instead of attacking the person.

2. Gather information.

What were the circumstances?
What are the non-verbal messages being sent?
Who does it affect?

3. Generate possible solutions.

Work together to brainstorm on all possible solutions. Do not judge whether the ideas are good or bad at this point.

4. Evaluate ideas and then choose one.

Decide which options you like and which you don’t like. After weighing the pros and cons of each, choose an option that you both feel comfortable with. Once a solution has been found to meet everyone’s needs while keeping everyone’s self-respect and self-esteem intact, then make a plan to follow through and do it. Put down a time-frame for action.

5. Evaluate.

Did it work? If yes, great! Consider how your solution may be applicable to other different problems. Ask how the problem can be prevented from happening again.

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