Wednesday, October 16, 2019
Qualities of an Ideal Businessperson Essay Example | Topics and Well Written Essays - 750 words
Qualities of an Ideal Businessperson - Essay Example ern business environment requires business people to have certain qualities in order to overcome the stiff competition in the market (Naidu, 2009, p 151). An ideal businessperson must be persistent in exploiting the opportunities in the market, especially new and innovative ideas that present high business growth potential. The person should have good knowledge of all business processes such as procurement, financial management, marketing and customer relations management. In addition, one must be able to foster close working relationships with employees and ensure that individual employee efforts contribute to the overall attainment of the organizational objectives (Naidu, 2009, p 134). Thesis statement: an ideal businessperson must have an entrepreneurial attitude in order to succeed in the competitive business environment. According to Naidu (2009), it is essential for the person to have adequate technical knowledge of the business activities (p 89). The person should be aware of the customer needs, the attributes of the product and surrounding business environment. The ideal person must be able to scan the environment and identify trends in the business segments such as the opportunities that may foster business growth and profitability, and threats that can hinder the long-term survival and competitiveness of the business (Naidu, 2009, p 155). In addition, one must be aware of the internal business processes such as the marketing, manufacturing processes, financial management skills and supply chain management activities in order to ensure business activities are properly coordinated. For instance, businesspeople in the automobile industry must be knowledgeable about the different vehicle models, the manufacturerââ¬â¢s specifications, the current prices and changes in customer attitudes towards l ess fuel consuming vehicles (Naidu, 2009, p 169). Businesses require innovativeness and creativity due to rapid business environment changes such as new technology,
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