Wednesday, May 8, 2019

Financial planning Assignment Example | Topics and Well Written Essays - 1250 words

pecuniary planning - Assignment ExampleIn the absence of the handicraft line knowledge, the company would not capable of competing effectively.2. Investors ar instrumental to economic growth. Dissatisfaction of the investors chivvys disengagement from doing strain in a given location (Taylor, 2012). The consequences of such moves complicate deterioration of economic growth. Thus, the interest of the clients comes first when designing policies that would affect business environment. Insensitive policies clients demand often restrain investments. Similarly, clients often prefer to dissociate with businesses that fail to hide their concerns. Good business policies affect investors as well as their clients. Conflict of interest is a critical concern to business growth because it affects the way investors would do business. Many investors are willing to engage in businesses that have constricting conflict of interests.3. First, the business will be uncompetitive in the target mar ket. Inappropriate advice limits the ability to address the needs of the consumers in target market resulting to lack of competitiveness. Second, inappropriate advice precipitates business failure because the company would be incapable of meeting the expectations of the clients (Taylor, 2012). The viability of the business largely dep arrests on appropriate measures that it takes when handling the needs of the consumers. Lastly, inappropriate advice elicit inappropriate responses, for example, if the business does not receive appropriate advice on how to manage address the concerns of the employees it might end up loosing talented workers. Largely, the advise should be tailored towards addressing the business needs.4. This strategy would change image of the business and consumer brand promise. The design of products tends to influence the image of the company in the eyes of the consumers. Improving the companys products with respect to clients needs is one the mechanism of

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