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

[Heatman]

Actually when it comes to being very successful in your business you have to have all information about the business which you can easily get from researching into the business.

 

[jeff87]

The best type of knowledge I think everybody should have so as to succeed in any business is entrepreneurship knowledge. This knowledge can go a lone way on ho to start and run a business. If you don't have this knowledge, there is no point for you planning to enter into any business at all.

I agree with you. If you really want to be a successful entrepreneur then the knowledge that you will be needing is entrepreneur knowledge.

 

[Heatman]

To be successful in doing business you will need to communicate with your supplier,customers and employers.
Communication skills will reflect the image you are trying to project.

You are totally going to have to start up business before you start working with your suppliers I'm dealing with your customers so where is your house already processed the knowledge and the research about the business then you can move to the next step.

 

[Skysaint]

To be successful in a business, I do think it calls for one to go into a detailed research regarding the business. It's kind of studying everything about the business; the best location for the business, the competitive nature of the business and so on

 

[Heatman]

The first starting out any business that you want to get into is very important that you research very well about your customers and the market that you need to supply the business product and services that you want to engage in.

 

[Setfragil]

There is no knowledge that you have that is wasted in business. You need to have market knowledge to know how to determine the best product that will move your business forward.

 

[Setho]

I will also ask that you should know very well about your customers because they are the most important part of your business. You should know everything from their demographic to their purchasing power.

 

[Stylex]

having the experience is also a good way to be successful in your business ,without having the experience of a business might also leads to failure ,also failure is the most important thing to consider before starting up a business,no failure no success

 

[Ralphjoe]

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?

I think the best knowledge that is most relevant to business management is having experience in business that he is working in a business concern and having experience as a result of that.

 

[Setho]

As a business person you should have sound p negotiation skills and also good critical and creative ability in order to win customers over and to design good products.

 

[Snazzy001]

Some individuals will rather prefer experience to knowledge when it comes to business. Personally I'm from that school of thought, but to answer your thread, entrepreneurship knowledge will be good

 

[JoeTom]

It's very necessary for one to be skilled in what so ever biz he or she is about venturing into, most knowledge and ideas that comes naturally comes in the process...

 

[Kelly5]

Every knowledge you can think of sinking as it is worth getting that can help boost your business and open more doors for progress should be what you should be exploiting. There is no restriction on how far you should go in getting it

 

[Kubiat-Abasi]

I'll go for the behavioural science approach here. There should be coactive power and not coercive. Communication and decision making opinions between Managers and employees should be open, organisational conflict should be seen as natural and as a place of opportunity for innovation.

 

[Senator]

Knowledge about ant type of business you're going into is a very important thing to have as business entrepreneur. Knowledge about how things should be done for smooth running ant be overemphasized

 

[Ezekiel]

It is necessary for one to have a marketing knowledge in business,and a good commication skill,this two can boost a business and also kill a business

 

[Senator]

Thentype of knowledge you should have to be successful in your business should actually be type that is unlimited for you to have. You should take it upon yourself to search it out from anywhere possible you can think of

 

[Dagm1]

If you wish to be actually effective in company you have to understand whatever that's to learn about that specific company. You have to understand ways to techniques as well as strategy a company, the quantity of funding you require, a great advertising ability as well as your target market.

 

[Sotherefore]

You are really interested to be successful in any business you are doing then you should have the ability to manage the little resources you have in your business. This is one of the most important Factor every business owners should know.

 

[Tislad]

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?

Business knowledge is key because not everybody knows how yo read and write and still yet you can't beat them to any business because they have the business knowledge and with that you can go more ghan than far.