Marketing Essay Example | Topics and Well Written Essays - 250 words - 39

Marketing - Essay ExampleThe business plan and functional policies ar designed accordingly. If any decimal point is overlooked during the planning phase, the expected performance quite a littlenot be guaranteed.In enunciate to overcome the risks, the key point is inclusion of all stakeholders in the relevant phases of planning and decision devising. It is because no human being can be expert in all aspects. Involvement of people belong to various fields adds value to the decision making process and various other aspects are highlighted which can not be thought over by a small team.Another important point in overcoming the risk is to allocate considerable time to the phase of planning. A common mistake is to do planning in a hurry and then waste much time in making corrective actions. The suitable approach is to plan well and plan ahead. This is the reason of success of Japanese industrialists which essential be followed by all entrepreneurs who want to make a success