5. Why is planning so important? If this is so important why do businesses, choose to...

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General Management

5. Why is planning so important? If this is so important why dobusinesses, choose to neglect planning?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

6. What is a competitive edge? Why must businesses have them?What if they don’t?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

7. What is marketing research? How can it benefit a business?What all does it involve? How do you develop a strategy? Why have atarget market?____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

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5 Planning helps the project manager to systematically plan the execution of a project It includes estimating the required manpower equipment and resources funds and materials assigns tasks and duties to individual team members forms a mechanism to monitor and control processes schedule activities and multiprojects risk mitigation and management    See Answer
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