what is business? explain how Business become successful
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business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ...
how Business become successful:
- Get Organized. To achieve business success you need to be organized. ...
- Keep Detailed Records. All successful businesses keep detailed records. ...
- Analyze Your Competition. Competition breeds the best results. ...
- Understand the Risks and Rewards. ...
- Be Creative. ...
- Stay Focused. ...
- Prepare to Make Sacrifices. ...
- Provide Great Service.
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Answer:
what is business ?
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Explain how business become successful
- Starting a business requires analytical thinking, determined organization, and detailed record-keeping.
- It’s important to be aware of your competition and either appropriate or improve upon their successful tactics.
- You’ll almost certainly end up working harder for yourself than you would for someone else, so prepare to make sacrifices in your personal life when establishing your business.
- Providing good service to your customers is crucial to gaining their loyalty and retaining their business.
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