It seems every company you come across these days is in the pursuit to avoid the unknown. Every company has this fear of some of an unknown event happening which would tarnish the productivity of the company. It is obvious that in order to avoid such uncertainty companies employ certain techniques and methodologies which allow them to be avoided.
It is necessary for management to be well informed about all the current situations internally and externally of the company in order to be able to judge what strategy to adopt.
It is necessary to make the right decisions in the beginning in order to avoid any hassles during production or in the end.