Type of Knowledge you need to be successful in doing business.

[Milz]

In other to be very successful in your business you have some basic knowledge of what you want to do. You also need to be creative and innovative about your business decisions. Know how to win customers loyalty too.

 

[Samuel77]

According to my own point of view, I believe the type of knowledge you need to be successful in doing business are marketing Technic and good customer service. This will help you get more customer and it will also help keep good relationship with your customer

 

[pepper gee]

For you to be a successful businessman Knowledge is Key i.e you have to be in good relationship with your customers and always remember that customers are always right

 

[lelakil3]

For one to be successful in any business, you must know how the business is runned and also the do's and dont's of the business. For a successful business discipline, hardworking and adorable commitment is very required.

This two is really needed to be has in the field of business are hardworking and commitment in every any aspects of it. Hardworking in business it will boost the progressing of the business gradually then in commitment this is a reward from the hardworking.

 

[Godleads1]

Out of the knowledge listed above, the entrepreneural knowledge gives the steps and procedures to making you a step ahead of all other businesses. This knowledge should be coveted.

 

[Ottoman]

Communication. Communication includes listening, writing and speaking. ...
Problem solving. Challenges will arise in every job you have. ...
Teamwork. ...
Initiative. ...
Analytical, quantitative. ...
Professionalism, work ethic. ...
Leadership. ...
Detail oriented.

 

[Bart Simpson]

The market does not prosper without the owner putting extra steps into organizing and taking actions that will contribute to its development. The people who were able to succeed in the past have been able to succeed because of when they have handled each part of their company. It is important to know your company and how it works, anybody who wants to can enter the community and work with the best minds, but you will need to learn how to connect with your customers to keep them coming back.

 

[Obaterof]

Customer service and customer experience are major focuses of the most successful businesses. The first step is creating products and services that customers want. But focusing on customers goes beyond your products. ... Even if you start small, provide good customer service and you'll keep people coming back.

 

[Luckboy]

Learn to communicate effectively to insiders and outsiders
People can't work for you if they don't know what you expect, and the message has to be updated daily. Customers and partners won't find you or buy from you if you can't tell them why, how, and what they need, and what you offer.
Communication must be proactive, not reactive.

 

[Obaterof]

Communication is an important part of life and is one that is often taken for granted. When you think about it, almost everything you do requires improved communications. To be effective in business, you have to communicate well. When you hire a new employee, good communication skills help you select the right person. When you communicate with your various stakeholders, you need to be clear about your expectations and to be sensitive when dealing with problems. The key is to know how to effectively communicate your vision with passion and conviction.

Post automatically merged: Feb 8, 2021

Communication includes listening, writing and speaking. Employers want to see you can articulate your thoughts and ideas clearly and effectively. Being a good listener means you strive to understand others’ emotions, build strong relationships and resolve conflict.

 

[Godleads1]

The knowledge that tops the list is the knowledge of how to run the business you are going into. This knowledge is key to the progress, success and profit making of the business.

 

[Fatehsultan]

Business management skills.
Teamwork and leadership skills.
Communication and listening.
Customer service skills.
Financial skills.
Analytical and problem-solving skills.
Critical thinking skills.
Strategic thinking and planning skills.

 

[Psalmseen]

To be a successful person in business, you must be ready to seek knowledge. All round knowledge. But above all, talking about book knowledge, it's good but after acquiring book knowledge, one must acquire market knowledge. Be familiar with the market you are going into. Have an indepth knowledge about it

 

[Mahnoor]

Your time at CU will help you develop all kinds of skills you’ll use throughout your career. Many of those skills will come from your academic experience, and others you can develop through experiences such as internships, study abroad and research projects—called transferable or soft skills.

Transferable skills are skills that will be developed and applicable in every profession. They are the foundation of professional success, and they happen to be the most desirable skills employers are searching for in potential candidates

 

[Judee201]

Ability to see things through
Successful entrepreneurs are visionaries. They are able to see opportunities that normal people do not see. They have clear ideas about what they want to do and possess the ability to transform visions into reality. They don’t just dream; they work hard and smart to see into the future. They don’t just think that they want to achieve something; instead they do everything they need to do in order to achieve what they want. They don’t shy away from the challenges, fear and great volumes of work to get things done.

 

[IamDozzy]

In any business one finds him/her self in , what they need is sufficient soft skills knowledge. This includes Negotiation skills,how to manage people and the likes. Also one would need knowledge about the business he/she is in almost like an expert knowledge in that particular business.

 

[Sotherefore]

Management skills is one of the most vital skill that one really have to get before the person can even think of going into a business because without proper management skills you may miss manage your fund and at the end of the day you may not have money to run the business.

 

[Eodine]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

Having an idea of all the types of knowledge wouldn't be a bad idea but to run a business effectively business knowledge is needed, when you have business knowledge you know the art of buying and selling which can lead to learning others.

 

[Talibhussain074]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

Before starting any business, you should have a proper knowledge about it. It should be an idea of everything related to business. It is very important for a successful business that you should know about it. If so, your business is not risk-free. Slowly your work business will be destroyed. So for a successful business you must have a business knowledge

 

[gbadebo9]

The knowledge to get in order to established business is first if to be educated in whatever u wanted to do or else it will be disastrous. In a business entity u must be con versa not with the rudiment of the work so that those workers u hired will not be taken u for granted. Make sure u understand the knowledge before establishing an businesses. I'm really impress when I ventures myself in forex trading what im able to do a lot to convince my partner in the business in fact they pay a kudos to me.