What do you think are the most important competencies one must possess in order to be successful in running a chosen business?

Answers

Explanation:

Critical thinking and problem solving.

Oral/written communication.

Teamwork/collaboration.

Information technology application.

Leadership.

Professionalism and work ethic.

Career management.

Explanation:

Critical thinking and problem solving.

Oral/written communication.

Teamwork/collaboration.

Information technology application.

Leadership.

Professionalism and work ethic.

Career management.

To be successful in running a chosen business,you must build a good reputation,possess the courage to do the right thing,do what you say,be loyal and be fair.
Excellent Planner being of it you have a great mind to recommend your Ideas in your business to make improvements and make your business succesful
Be Optimistic, always think outside the box and begin with the end in your mind with the possibilities in running a chosen business, always put your best foot forward, try not to terrorize debits and suit your business to your personality.

Self-confidence

Explanation:

because if you do not have self confidence it is as if you do not have self-confidence

Persistent

Explanation:

It is a important part of success, in business there are ups and downs you must be cunning and wise and never be discourage.

Here are the most important competencies needed to run a business successfully.

Understand basic business mathematics

Observant

Resourceful

Articulate

Able to communicate well

Able to control and monitor daily business operations

Able to forecast sales

Able to adopt market trends

Able to identify target market

Managing business is a challenging task of every Entrepreneur, Entrepreneur really need to put all his/her efforts in order to gain profit and be on the top over all competitors. Success is the main goal of every business owner thus he/she needs to do everything, strategies and tactics to survive competitively. A victorious business lies in the hand of the owner whether he/she is gaining profit or losses. Hence, a business owner must competent in order to stand in the midst of a close competition.

To be more successful in business, a business man must possess not only skills/competencies but also a good character towards his/her workers, customers, suppliers etc. Many businesses failed to operate and become stagnant and later on shut down because an owner lack either skills or a good character. These two ingredients must go together in order to fully achieved the predetermine plan happily.

Here are some good characteristics needed to run a business

Discipline

Determine

Able to listen

Able to lead

Honesty

Frugality

Explanation:

answer:

baligya shabu

Explanation:

Be wise, Trust your self, and pray to god to lead you and guide ..


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