How do you answer 'Describe your business acumen' in a job interview?

* Describe a successful business & why it is successful * Describe a failing business & why it is not successful * Talk about how you keep current on your competitiors' products or services * Demonstrate how you are aware of current business trends & describe how they affect your job or company In order to qualify these answers, an interviewee will need to provide a specific example from their past experiences... Without that, it's only theoretical. Also, be aware that an experienced interviewer will be asking follow-up questions for clarification.