Get premium membership and access questions with answers, video lessons as well as revision papers.

Explain five measures that United Millers can take to improve its internal environment to ensure the success of their business.

      

Explain five measures that United Millers can take to improve its internal environment to
ensure the success of their business.

  

Answers


kinyua
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


Next: Explain five benefits of turning Private Limited Company into Public limited company
Previous: Explain five reasons why the per capita income may not be considered as a good measure for comparing economic welfare level of different countries.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions