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Taking Risks Versus Making Plans

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Actually the preferences about whether to risk and not to risk depend on the magnitude of the risks in every case. If the percentage of risks is higher than the rate of the achievement in that case, it will be unnecessary to take huge risks since the risks taken in advance when attempting to do an action may also result in some damages and it may even deteriorate the current situation. Namely, if taking big risks gave rise to the breakdown of the former situation or status quo, the risks should not be taken at the expense of being successful. On the other hand, if there is a low likelihood of occurrence of a risk while taking an action on a work, individuals can carry out their actions and strive for their accomplishment in their cases; nevertheless, they ought to take the small risks into consideration in terms of its possibility of happening at the same time.

Besides, although planning carefully enables people to advance confidently as conducting their actions, it may pave the way for neglecting other dangers that have never been seen by those individuals before and it may result in sudden failures in their continuing works because too much planning might prevent the observation of the new risks or dangers. These new risks may derive from the unique circumstances and the conditions will always change within the time; therefore, people should renovate and adjust themselves to the most recent and often-changing situations brought by the era in which they are located, in order to be prepared both for the risks and the newest opportunities that they will encounter with. In other words, people should be quite open to the contemporary trends happening around the world. Hence, persons ought to work so as to be succeed in their businesses by benefiting from their former experiences and they should plan the main skeleton of their projects to walk through their aims correctly; however, they should also be alerted by the possible events that may be erupted in any sitiuation without ignoring the existing risks that they may be faced with.

In conclusion, both taking risks and making plans carefully are the core parts of life; unless the other is not there, people probably may not achieve their own ends, for the world that we live in is changing in each second and we should pay attention for the actual changes happening around us. Not only planning carefully, but also controlling the existing and possible risks are significant for reaching to the targets successfully. In short, risk-taking and planning should be made simultaneously in order to be successful.

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Taking Risks Versus Making Plans. (2021, March 18). GradesFixer. Retrieved August 16, 2022, from https://gradesfixer.com/free-essay-examples/taking-risks-versus-making-plans/
“Taking Risks Versus Making Plans.” GradesFixer, 18 Mar. 2021, gradesfixer.com/free-essay-examples/taking-risks-versus-making-plans/
Taking Risks Versus Making Plans. [online]. Available at: <https://gradesfixer.com/free-essay-examples/taking-risks-versus-making-plans/> [Accessed 16 Aug. 2022].
Taking Risks Versus Making Plans [Internet]. GradesFixer. 2021 Mar 18 [cited 2022 Aug 16]. Available from: https://gradesfixer.com/free-essay-examples/taking-risks-versus-making-plans/
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