0
A business can't be ran without knowledge. The more you know will definitely lead to a more successful business. It depends on which business is being done: clothing, food, investments, etc. If you don't know anything about a specific business, that is when you must obtain knowledge. Food, marketing, customer service, micro or macro management...Many things to consider. Otherwise, you will fail. Unless you are naturally business savy I suppose. Good luck!
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Why is it necessary to have knowledge of the legislation involved in business?
It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.
What is a business value plan?
A Business value plan. It is the perfect starter package for home offices that gives value to the owner of the business, which includes discount charges, cash management, investment services, business premium plan, free addition line and 1st month fee waived. etc, to give value to the owner of the business
What is business education practicum?
Adegboyega S.O. (1997) business education practicum is the practice of applying the real knowledge acquired to solve business problems. it involves the application of what is learnt to solve a real problem. the tasks involved are problems and with the practical knowledge the task is done.
Why is it necessary to have working knowledge of the legislation involved in business?
To avoid discrimination and prosecution.
The value of a business is measured by?
Its contribution to the economy.
Critical value and p-value method what are their relationship?
The critical value is an FINISHED
Which value are assigned to a critical function as part of a business impact analysis?
recovery time objective and recovery point objective
How do you find the critical value in statistics?
To find the critical value in statistics, it requires a hypothesis testing. Using the critical value approach can also be helpful in this matter.
What does intangability mean?
Awareness of and ability to make use of a wide range of intangible factors which contribute to business success. Awareness of critical success factors for business e.g. Reputation, trust, image, knowledge, experience, relationships, obligations, skills, competencies, capabilities, processes, systems, framewors, models, culture, values, leadership, communication etc. Understanding of value chains and business models, particularly in respect of critical success factors. Intangibles can be positive or negative i.e a good vs a bad reputation.
What are the three principal types of critical system?
1. safety critical 2. mission critical 3. business critical
How do you find p value with test statistic and critical value?
Normally you would find the critical value when given the p value and the test statistic.
What is the critical value of z for an 88 percent confidence interval?
The two tailed critical value is ±1.55
In order to be a good citizen it is most critical to possess?
Knowledge
How do you find the positive critical value of 0.01?
The positive critical value depends on the distribution and then the parameters (if any) which characterise the distribution.
How critical of a role do you believe fractions might play in this business?
Within the subject of cooking measurement, fractions would play a critical role. However, more in the sense of estimation, as compared to more mathematically advanced subjects in which exact fraction-related knowledge would be a requirement.
What is the critical value of z0.01?
.99
What is the critical value for 0.04?
0.13
