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Business strategy
why is taking immediate action towards danger in business vital
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[QUOTE="Axis, post: 269455, member: 66672"] in a business there is a tendency that an entrepreneur or a business owner will come across problems challenges catastrophes and circumstances that might try to terminate crumble or closed down the business. but if a business owner or an entrepreneur does not take immediate action in handling or reaching out to the problems it might lead to greater consequences which can even affect the entire business. for example if a business is running low on funds the business owner should not just sit and watch or procrastinate in taking action to solve the problem. rather he need to take any action and steps in fixing the problem so that the problem will grow bigger or escalate into the entire business and cause some problems which can be little too late to handle in the future and you know that way a problem is too late to handle its consequences are beyond words. he can take immediate action in solving that problem by collecting a loan to fund the business to restock goods the business or he can adjust his market strategy so that it can reach the market to its satisfaction. not only to hit strategize is market but also giving consideration to the pricing attaches to his or her goods see ways he can minimise or reduce the prices so that it can attract customers or clients to patronize the business [/QUOTE]
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why is taking immediate action towards danger in business vital
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