Question

2. What advice would you give the company as and how far in the future to plan?

Answer 1

Answer:

At the point when you're in your 20s, planning the future can feel like a futile errand. Everything from a career, to marriage, to retirement can seem like stuff that happens to other people. In any case, this is actually when you ought to plan the future, in light of the fact that the entire anything is possible for you and you should exploit it.

Explanation:

Answer 2

A company should always carry out the proper market research and understand its business requirement before planning a future plan.

Explanation:

1. Before a company decides to expand its operations or diversify its product line, it is important for a company to understand the changes in the business environment.
2. A company should always cater to those changes and make necessary modifications in the business plan to keep up with the emerging competition.
3. A company should always have a set of strategies to employ in cases of unforeseen situations. Having such strategies will save the company from huge losses and give them time for preparations.