Question

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

Answer 1

Answer:

To run a business, there are some major competencies that a businessman needs to have. These are:

Explanation:

1. Knowledge. It is important to have knowledge about the sphere he is working in to have his business.

2. Skill. A successful businessman always needs to be skilful in his field.

3. Learner. He or she needs to be a learner in order to learn lessons from little things.

4. Discipline. Discipline is a must feature of a businessman.

5. Confidence. A confident entrepreneur is always way ahead in his career.

Answer 2

Answer:

If you want to run a business, then you must take care of these following things to make it as successful as possible:

• Make your marketing strategy as pleasant as possible as it would help you in advertising your product in the best way possible

• Create an excellent productive atmosphere for your employees who are one of the reasons increasing your business

• Problem-solving is critical during any crisis in any business and make better decisions and do not fear taking risks.