What ways can a businessman contribute to the production of goods?

[Stardom22]

Identifying viable business opportunities
Provides the capital necessary to carry on the production

 

[Shavkat]

In my opinion, he or she needs to be active in finding target clients and secure orders from them. Once he or she done this, then massive production will be the next thing to happen.

 

[Reedex]

A business one must contribute all the knowledge that he has gained in the production process and it will be reflected in the quality of the goods.

 

[eldavis]

I think the business man should pay a lot of focus in finding ways to reduce cost of production in other to increase profit. It is also the duty of the business man or business owner to research the market for the latest updates and trends.

 

[Niyi Briggs]

If you are a core business man, you can contribute ideas based on what you have seen in other places for the production in your business.

 

[astutimeliana723]

I think the business man should pay a lot of focus in finding ways to reduce cost of production in other to increase profit. It is also the duty of the business man or business owner to research the market for the latest updates and trends.

That's right, I totally agree with you. A business owner must be good at reading trends and business opportunities in the market. Because if the business owner does not do this then he will be left behind in the competition.

 

[Niyi Briggs]

In my opinion, he or she needs to be active in finding target clients and secure orders from them. Once he or she done this, then massive production will be the next thing to happen.

A business person should use his exposure and connects to secure clients. That's what people do with their businesses in my country. They would just open a business and leave to the management while they try to draw their rich friends to come and patronize.

 

[IB D]

The owner of the business should periodically supervise production to ensure that quality standards are maintained at all times.