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Question asked on Musing.io by ayabakemi

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· @ayabakemi ·
Question asked on Musing.io
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properties (22)
authorayabakemi
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@ayufitri ·
$0.91
Question answered on Musing.io
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👍  ,
properties (23)
authorayufitri
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json_metadata"{"app":"Musing","appTags":["Failure"],"appCategory":"Failure","appTitle":"What is the right way to handle failure in business?","appBody":"<p>Basically, business plan failure is because we do not understand the business that is carried out, especially the market place problems against the planned targets. Because we not only understand the production process of goods or services to the needs and wants that consumers need. However, we must understand the exact location system and location access is easily accessible physically or technologically by consumers and strategically, this is because it involves the production costs needed for the market.</p><p>A. Causes of Failure of Business Plan</p><p>Lack of knowladge and lack of experience in marketing strategies.</p><p>Based on the fact that building a business requires a good marketing experience and strategy so that the target market can get a Goal.</p><p>Lack of knowledge of the procurement and maintenance of raw materials and facilities that become competitors is market prey in the business world.</p><p>This happened because the entrepreneurs started the business of buying raw materials in very large quantities without the calculation of the demand in the community. And we must understand the maintenance of production raw materials in order to remain good.</p><p>Lack of skills in managing business finances.</p><p>This can be one of the factors that become in the business world because business strategy decisions collaborate with accumulation of sales and the use of costs from raw materials.</p><p>Lack of understanding of technological progress as the wheels of business.</p><p>One of the failures of the business plan was due to changes and technological developments that caused difficulties in the process of collecting and maintaining business data to the lack of ability to protect consumer data files. As well as technological advances have an important role in designing graphics, websites or blogs to market products.</p>","appDepth":2,"appParentPermlink":"p3ghd9t85","appParentAuthor":"ayabakemi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (2)
@bjornb ·
$0.54
Question answered on Musing.io
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👍  
properties (23)
authorbjornb
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json_metadata"{"app":"Musing","appTags":["Failure"],"appCategory":"Failure","appTitle":"What is the right way to handle failure in business?","appBody":"<p><br></p>\n<p>By realizing that making mistakes and failures are part of a learning process.&nbsp;</p>\n<p>Making a mistake is not a bad thing. Not fixing your mistake, and not learning from your mistake, that's a bad thing.&nbsp;</p>\n<p>When you learned to walk, or to ride a bike, you, like everybody else, fell. That's not a bad thing. It hurt at that moment, but it learned you that you need to try to stay upright. And when you tried staying upright by leaning forward, you fell again. So you learned that leaning too far forward is not a good way to stay upright.</p>\n<p>If you would have fallen while trying to walk, and see it as a bad thing, no more, no less, then you wouldn't have gotten up, you wouldn't have tried again, and you would still be there, not being able to walk.</p>\n<p>Most people are not in the incapabality to do something, they are just afraid to fail, to make mistakes. While actually, making mistakes is the best way to learn how to do something.</p>\n<p>To end with a quote: When asked if he wasn't tired of failing to produce his lightbulb said \"I have not failed. I've just found 10,000 ways that won't work\".</p>\n<p><br></p>","appDepth":2,"appParentPermlink":"p3ghd9t85","appParentAuthor":"ayabakemi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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vote details (1)
@fernwehninja ·
Question answered on Musing.io
<a href="https://musing.io/q/ayabakemi/p3ghd9t85">View this answer on Musing.io</a>
properties (22)
authorfernwehninja
permlinkfknjf4v85
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json_metadata"{"app":"Musing","appTags":["Failure"],"appCategory":"Failure","appTitle":"What is the right way to handle failure in business?","appBody":"<p>In my opinion there are some ways to handle failure in business:</p>\n<p>1. Identify the problems and find out solutions</p>\n<p>2. Take care of your employees as they are one of the asset in the company</p>\n<p>3. If the profit goes down, change or try another business strategies</p>\n<p>4. Educate yourself by attending trainings or seminars that will boost your business&nbsp;</p>\n<p><br></p>\n<p><br></p>","appDepth":2,"appParentPermlink":"p3ghd9t85","appParentAuthor":"ayabakemi","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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