[ENBUS 306] - Final Exam Guide - Comprehensive Notes for the exam (34 pages long!)

• School: University of Waterloo
• Department: Environment and Business
• Course: ENBUS306
• Professor: Michael Wood

Document Summary

Defined as: a social or cultural problem that is difficult or impossible to solve for as many as 4 reasons: Solution: collect more and better knowledge: nu(cid:373)(cid:271)er of people"s opi(cid:374)io(cid:374)s i(cid:374)(cid:448)ol(cid:448)ed. Solution: need to incorporate multiple perspectives (holistic views: large economic burden. Solution: needs to be cost effective and pragmatic. Interconnected nature of these problems with other problems. Solution: consider the complexity and connectivity across all levels of analyses. Examples: poverty, sustainability, equality, health + wellness, climate change. These problems can be mitigated through the process of design (but we need to understand the causality of the problem: an intellectual approach that emphasizes: Abductive reasoning: a form of logical inference which goes from an observation to a theory which accounts for the observation, ideally seeking to find the simplest and most likely situation. Rapid prototyping: the speedy creation of a full-scale model.