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The Business Owner plays a strategic role and is not engaged in the day-to-day activities of managing the service. Rather, they focus on the big picture. They define the vision and roadmap. They have the knowledge and authority to make strategic decisions and clear the path of political and financialfinancial

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Muneeswaran Thavaman...

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2y ago
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Christopher Schimmel

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2y ago
great answer thank you!
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Wiki User

13y ago

Owners infulence business decisions as they desire a return from the company in the form of profits so owners make decisions to make this possible. x

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Q: How do owners have an influence on a business?
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Owners equity is the amount invested by the owner of business to the company and as a seperate entity it is the liability of the business to return back that amount to owners as owners are seperate entity to business.


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