M1_P2_EN M1_P2_EN | Page 3

Part 1: The importance of planning Planning Factors to keep in mind when planning an exporting venture  Cyclical process  Planning involves making decisions, monitoring those decision to identify progress and evaluating the achievements to feed into future planning activities .  Dynamic process  Internal and external needs change.  Market is VUCA (Volatile, Uncertain, Complex and Ambiguous)  Companies must adapt themselves to this reality.  Flexibility  It is a key characteristic to respond to changing circumstances.. Export platforms | Module 2: Business plan for export | 3