You kind of have your answer in your question. potential problems that can occur if problem isn t fixed For example, the implications of a cracked foundation would be water gets in basement, rots walls, walls crumble, building falls down. Money is an implication of your success or failure if, you don t manage it well, ie overspend on stock and have none left for advertising, don t pay your staff enough to motivate them, or pay wages which are not balanced and cause a riff internally, that kind of thing. On the other hand, if you do manage your investment money well using a good business planning strategy then the implications are a successful business!
Tuesday, November 16, 2010
Whats an implication mean? -
I have to do some work, but i dont understand what implications means. so i have a few problems and i need to identify the implications of the problem. it says it looks at future potential problems that can occur if it isnt fixed. im looking for implications on the organization and the personnel. so lets say money is an implication. what does that mean?
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