IP 2 Essay Example | Topics and Well Written Essays - 500 words

IP 2 - strain ExampleThen, it is time to find out the people or place from where the information can be collected. Thereafter, the information can be collected. At the next stage, the fears, expectations, merits, and limits in each point of view be analyzed (Stages in decision making). An assumption can be conside bolshie as a statement that unity considers as true but without any concrete evidence to support it. In the business world, it is inevitable for companies to make assumptions in a number of different situations. For example, companies will make assumptions on the amount of premium that will be paid to the retirees in future as a part of making fiscal statements. In addition, we make many assumptions in everyday life too. For example, one driving on the bridle-path assumes that all other drivers will obey traffic rules, and that all will stop at red light. As Adamson (2010) points out, there are many other common assumptions made by companies in their day to day functi oning. For example, one company assumes that the economic situation will be back to normal soon. other might assume that the changes in the market are temporary. In addition, another company assumes that what their clients want is the harvest-festival A. Another assumption is that the company has to invest in the field.