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What are the requisites of a successful business?

Answer»
Requisites of business success
to achieve the business success some certain things are required they are as follows:
\tPersonality of the managers: the managers should be very good.he should have the pleasant personality. he also should have managerial skills, intillegence, good communication etc.\tWell-defined objectives: the business should have its own objectives.so,that the activities on the organization can be easily carried out.it helps in achieving organizational goal.\tProper planning and policy: proper planning and policy should be made so that the company can achieve its goal without any difficulty.\tAdequate finance: adequate finance is required to perform the day to day activities like buying and selling of the goods in the company.to operate the business\xa0activities adequate finance is inevitable.\tProper location, size: the business should be started in proper location so that all the required physical features can be achieved easily. so that the organizational goal can be easily achieved.


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