In the business world, cautious planning contributes to the long-term development of a company and at the same time, risking is imperative for a company to survive, develop and thrive in the highly competitive society. Planning carefully on inquiring market, training stuff and manufacturing products ensure a companys long-term development by keeping its profit increasing or at least not declining. On the other hand, taking risks, such as incorporating with another company, involving in the market fields that have already been occupied by other enterprises or involving in the market fields that are not considered so profitable, is also necessary because these may save the company from the adversity or help to set foot in new businesses. Clearly,in the business field, planning and risking complement each other.
To conclude, success in any realm of life comes equally from taking chances or risks and from careful and cautious planning. In most cases, they complement each other and pave the way towards success.
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