Business Studies, asked by honeyparihar24, 1 month ago

Describe the different stages of starting a new unit or business undertaking?​

Answers

Answered by kimtaehyung21
2

Answer:

In all, there are six distinct stages: Planning, Presence, Engagement, Formalized, Strategic, and Converged. With Planning, companies set out to create a strong foundation for strategy development, organizational alignment, resource development, and execution.

Answered by ParvezShere
1

Before starting a new business enterprise they are various things that should be kept in mind.

  • The first and formers thing is the identification of the problem and working towards solving it.
  • Complete market research should be done in order to understand the needs of the area within which we are going to start a business.
  • Taste, preferences and cultural habits of the people also affect the success of the business.
  • One should also have a dedicated and strong team who want to do something dedicatedly.
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