Question

How does history play a role in our daily lives, how can history inform our decision-making, should it, and what happens when it's a problematic history? What are your thoughts?

Answer 1

1). You will to be able to build a substructure on which to base your company without comprehending how things work in the business. History briefly explains us a complete picture of how the company has worked way back when, so that we can have a better understanding how it works now. It helps us to decide how to predict the future, as it allows us to learn from our gone faults(and enjoyments) as a business.

To understand what you are business is, you have to develop a perception of how the business works. A major part of that is learning where your business fits in which sector and can your company can be start global operations, in the grand project of things. History tells you the story of how your company came to be, everything that can be. It tells you where your company began its journey and tells you who your company is about. Most importantly of all, it gives you the ability to mark(and appreciate) the inheritance you may have came across from them.

It goes without saying that variations in business can be a difficult to understand. Most of us has a different approach with the rest of the competitive world of companies – an experience formed by society of the company that belongs to. We know when we as individuals want to make change to company decisions and why. History gives us better understanding how, when, and why there are variation in the companies funds and balance sheet (or should be look for) on a larger scale.

In brief, History teaches us a lot about the company. It provides us insights of how businesses are changing due to technological advances in our particular field. It gives us insights to what are customers or clients expect from us, so that we can provide better environment for our society and business surroundings. This inturns helps our internal and external investors.