All categories

3 years ago

What resources are required to have a successful business?

Business

2 answers:

Levart [38]3 years ago

8 0

Answer:

Labour - Finances - Time...

Explanation:

That is a very good question.

To start off, it is useful to understand what are resources.

Resources are assets that are required for you to function. (e.g. money)

In a business there are many resources that you need to function.

Think off owning a bookshop. Ask yourself, what do I need?

I need money, I need a place to display my books, I need books, I need people... These are resources you need to be successful.

Now, going back to my above answer: Labour, finances and time. These are a few resources you need to succeed. You need labour - people - to set up the business, manage the business, serve customers...

You need finances to set up the legalities of starting up a business. You need finances to buy materials, machinery (if it is a production business), stocks...

You need the time to do all of these things.

Lastly, I have purposefully, gave three resources for the answer. For sure there are more, though I want to keep the options you for open to add

as you see necessary. With no doubt the answer is incomplete, but I want to provoke you to right have your answer.

I hope the answer is clear.

schepotkina [342]3 years ago

7 0

Answer:

work nice be success in your life I don't know answer

You might be interested in

Charmingbells inc. has been running into a loss gradually, but the board of directors are reluctant to shut the company down bec

Elena L [17]

The situation best outlines Competitive Failure. In financial aspects, advertise disappointment is a circumstance in which the portion of products and ventures isn't proficient. That is, there exists another possible result where no less than one individual might be improved off without exacerbating another person off.

6 0

3 years ago

Read 2 more answers

What results when work seeps into non-work time?

tankabanditka [31]

burnouts im guessing

7 0

2 years ago

Manuel, a supervisor, is known by his managers to be sharp in his decisions and has a good track record of meeting his goals. Ma

kicyunya [14]

Answer: Effective Managers.

Explanation:

An effective manager is a manager that delivers successfully on tasks that he is in charge of and is very good in decision making. Manuel is well known for his ability to meet his objectives set and accurate decision making.

3 0

3 years ago

An economy produces apples (in kilos) and computers (in units). The quantities of apples in years 2008, 2009 and 2010 are 500, 5

Fudgin [204]

Answer:

Nominal GDP for year 2010 = $7,650

Explanation:

Nominal GDP measures the market value of all goods and services produced in an economy at current prices, normally in a year. Current prices are the prices of the year I want to know the GDP. In this case, our current prices are 2010 prices. To know the nominal GDP, we must multiply the quantities produced by their current prices:

Nominal GDP= 550*$3+6*$1000=$7,650

3 0

3 years ago

If an issuer files a registration statement with the sec under the securities act of 1933, registration is effective:

Andrej [43]

Answer:

Registration statement for securities under the Uniform Securities Act are effective for One year from the effective date. The SEC accomplishes theses goals primarily by requiring that companies disclose important financial through the registration of securities.

Explanation:

3 0

3 years ago