Question

Discuss why it is important to carefully plan a business model before jumping in to operational activities.

Answer 1

It is very important to carefully plan a business model before jumping in an operational activity becuase operational activities are the activities in which business directly related to buying and selling of goods and services. These activities are primary activity of all the business. So making plan for that carefully is very important. Any carelessness leads to lots of failure in the business. Evaluating the business environment and making plan by keeping mind the environment and target customers is very important.

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