You seem to be using a browser that is out of date. Your experience may be altered due to this, and content may not display correctly for this site or other websites. Have you considered upgrading to use a better browser?
Business acumen is the ability of an entrepreneur to make a profit. So basically business acumen is a combination of knowledge, skills and experience. An entrepreneur who has business acumen can think critically/rationally.
It is the ability to comprehend business-related concerns. It is the gathering of knowledge about procedures and their justifications, both generally and within the context of the organization. It is an essential trait for leadership and shows up in both decisions and inquiries.
Truth be told i had to check the meaning of this word after seeing it, cause its actually my first time hearing it. From what i understand its a process in which a business owner deals with business related issues to bring good outcome.
The business acumen encompasses a lot of things. It really mean and that you need to know the ins and out of the business and the rules and regulation guiding the running of a business.
By using this site, you agree to our use of cookies for personalization, to improve your experience, and to enable us to keep you logged in if you register.
Continuing to use this site signifies your consent to our use of cookies.