3. What are the techniques and practices in the workplace to
be followed in line with enterprise procedure?
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Answer:
Safe work practices are generally written methods outlining how to perform a task with minimum risk to people, equipment, materials, environment, and processes. Safe job procedures are a series of specific steps that guide a worker through a task from start to finish in a chronological order.
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Enterprise is a business organized with employees working efficiently in a project.
Techniques and practices of Enterprise are:-
- Identifying the Business opportunities - Opportunities are available and an Entrepreneur has the responsibility to look at it. It is only depended on the will of Entrepreneur whether they want to grab the opportunity or not.
- Generating business ideas based on the present demand - Demand led to supply and supply eventually led to profit. Business Ideas are those which has the capability to generate demand so that it will make good profit and thus provide employment.
- Locating a proper infrastructure to setting the business - The need of infrastructure for any business entity is crucial. If the infrastructure is well developed, the enterprise timely complete all the demand.
- Sourcing of the raw materials and equipment - The input cost during the production process need to be low so that an enterprise avail maximum profit at low cost. For this, the sourcing of raw material need to be chosen wisely.
- Legal aspects also need to be given priority - To run an enterprise, the legal aspect also given focus so that it does not hamper the company in near future.
- Now comes the recruitment of Employees based on the requirements of the job profile and also this requires the appointment of Human Resource Manager
- Advertisement of products - Many Enterprises now a days uses Guerrilla Advertisement techniques by posting their material through social media which in turn promote their product to large chunks of people in less time.
- Risk management is also another aspect of Enterprise process - It depends upon the Entrepreneur completely. They need to show the risk taking ability and be prepared for any uncertain risks.
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