Question

3 sentences

Why is it important foe the business to have its focus and direction?

Answer 1

Solution:

It is important for the business to have focus and direction because:

1. Focus is necessary because if a business does not have a focus i.e. a common objective or goal, then there will be individual goals in the business, and individuals will not be able to coordinate with each other in the business. This will make the business inefficient which is favorable for its business interest. Therefore, Focus is a basic fundamental for any business.

2. A business must have a direction i.e. common direction towards which all the resources of the organization could work collectively. This will create better coordination between resources, increases the efficiency of the business, and enhance the workflow of a business. The absence of direction will create a lack of vision, resources inefficiently utilized, and poor performance of a business. Therefore, Direction is necessary for any business.

3. When Focus and Direction are combined, businesses are able to achieve goals on time with better efficiency and better management of resources. Focus and Direction structure the growth of a business.

Therefore, It is important for the business to have its focus and direction.