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Problems and Needs

Problems and Needs

Q In your business experience have you observed major errors as a result of false assumptions? What happened? Can you identify the point, or decision, of "no return" and suggest a possible alternative decision that may have brought a satisfactory result?

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Any kind of false assumptions should be avoided while making any business decisions for the company, otherwise, it may affect the organization and the productivity and the success rate may be affected in a negative manner. Even the strategic planning procedure will be hampered for false assumptions (Myers, 2019). In this way, it will be tough for a company to get the desired goals. Even in my business experience, I have observed severe loss of my company as a result of false assumptions of top-level managers.