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Business Ideas Forum
Business strategy
In business, should you take risks or play it safe.
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[QUOTE="Axis, post: 340248, member: 66672"] Mostly all operations and practices carry out by a particular business organization is associated with risk and unforeseen contingencies which of course could lead to undesirable changes in results expected. Deciding to play it safe in your business and manage the business organization in a medium way may cause your business not to grow or develop or to reach greater and higher heights. As a business entrepreneur you must be totally ready to face risk if you want your business to grow and develop and that is why it is advised that you prepare for this risk so that you do not become overwhelm when they happen or when they lead to undesirable business results. This advice is particularly important to businesses carrying out manufacturing or production of raw materials into finished goods. Businesses under the category encounter various risk and one of the ways to meditate this risk is by having insurance policies. [/QUOTE]
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Business strategy
In business, should you take risks or play it safe.
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