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Influence Of Industry and Competitive Analysis on Business Planning and Strategy. A poorly-prepared business plan would definitely fail.This can be blamed on anyone or more of the following factors: .Inadequate information about the industry;Competitors;lack of knowledge about the business unit's position;and setting of unrealistic goals.Good or effective business planning could be the means to achieve this. Fail to plan and you are planning to fail. Business planning could be described as part of an on-going continuous activity concerning the direction of the whole organisation. It contai...