i. Adoption of business structure that facilitates harmony and co-ordination.
ii. Acquisition of the necessary resources especially finances to support the running of business.
iii. Adoption of a management style and policy that is acceptable to all which encourage team
work.
iv. Willingness to take risks/energies to support the business separation by the entrepreneur.
v. The business must acquire staff that is well skilled/trained/educated to enable efficient services
to its consumers.
vi. The business must adopt a culture that promotes growth to allow for expansion of the business.
vii. Business must develop clear objectives that provides clear direction to the workers towards
achieving the business aim/vision/mission.
viii. The business should engage in research development to acquire new skills/ideal methods of
production.
ix. The business should acquire modern technology method of production to produce high
quality/standard good/
monica20 answered the question on October 14, 2017 at 10:06
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