Competition and risk goals in business

Starmix said:

As a business owner, you always face challenges to make your business grow and profitable. It is not only that, you have to consider the performances of the employees to have them the right sources to defeat competitors in business. having a stiff competitor urges you all the time to work hard and find ways to outsmart them all. This is often overlooked strategy in your planning. , it’s important to be aware of external factors that might threaten your success and set goals to mitigate the risks, and perform well relative to your competition.

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Bisolami said:

I think this is why it is better to employee the right people for your job so that you're not going to employ people who will just waste your time and do not know how to do the job very well

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Starmix said:

That is right, it is the duty of the business owner to recruit competent employes for they are always ready to create something unusual to defeat their competitors through the use of technology and the right marketing strategies.

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Starmix said:

Good and skilled employees make a business run like a pro. The best employee can boost his or her morale of the business owner sees his or her job fulfilling and rewarding.

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Bisolami said:

Good employees do not even need to wait for their boss to tell them what to do because they already know what to do and they will do it instead of waiting for someone to tell them

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Starmix said:

That is the best attitude of an employee working even if not monitored by the boss. These employees have their morale uplifted. They are the right partners of the business owner and management.

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Bisolami said:

You are right and there is a difference between having a good employee and someone who is very active because some people are very good at what they do but they are not active and the company will continue to lag

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Starmix said:

There are employees who like to brag when the boss around by working without talking but when the boss leaves for short break, that employee jumps on happiness and stops working.

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Bisolami said:

This is why it is very important to make sure that your employees are happy with you because they will do what they are supposed to do when they are happy with you even without you telling them what they need to do

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Starmix said:

Yes, those kind of employees are trustworthy. They work even without supervision. They know what to do and submit their outputs on time too. Those lazy ones aren't good at work.

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Bisolami said:

And they are even the kind of employees that will do right by the owner of the company even when the owner is not there unlike people who will only do things by its when the owner of the company is there

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Starmix said:

They will be the employees the company would like to raise their salary and promote them accordingly. The heads of businesses and companies are always observing their workers. There is an evaluation and assessment.

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Starmix said:

That is right, there is always competition in business, so business owners must always update themselves. They have to check their planning if they work well and if not, they have to replace them with an effective one to compete with other businesses.

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Bisolami said:

There is no how you will not find competition in business so we just need to be upright and make sure that will do the best things for our business so that you are going to be one of the best in that business

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