Lesson 1 (Principles, Tools and Techniques in Business

A business mus tbe scalable for it to be a successful. It is capabilitiy of a company to sustain or improve its performance in terms of profitability of efficiency when its sales volume increases.

A business must manifest the higher purpose upon which it was seeded, the vision it was meant to exemplify, the mission it was intended to fulfill.

A business is the fruit of a higher aim in the mind of the person who conceived it.

A small business creates a ____ against which all small business are measured as either successful or not. 

A business is no more effective than the idea upon which it is built. Business creates its own plan to expand its economic growth.

Business should be looking to innovations in technology to solve day-today inconveniences and to increases efficiency

Shorter meeting keeps your business top of mind so consumers think of it when they require or need a service or product.

Growing trend towards mobile and flexible working means the employees are permanently connected and on the go.

Office space can involve a big outlay for SME's, but it is also an era where some smarter thinking can make a real difference

One way of improving efficiency is for business owners to make small changes to the way they handle their company's expenses.

What do we call an individuals or companies who desires to possess or make use of products and services?

It is person provide inputs that the firm in an industry need to create the goods and services that they turn sell to their buyers.

Goods/services that can be used  in place for another.

A business is a _______ in which all parts contribute to the success or failure or the whole

A business is an economic entity, driving an economic reality, creating an economic certainly for the communities in which it thrives.