GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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making links and establishing a mutually beneficial relationship with other business people
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positive, internal factors that can be controlled within a business
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a design for a company or organization in order to reach its long-term goals through planning organizing, execution and controlling of activities
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stands for strengths, weaknesses, opportunities and threats; a useful tool in helping a company determine where they stand compared to their competition
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occurs when a company operates in a more efficient manner than its competitors, which causes their sales to increase above other businesses
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Detailed explanation-1: -Business networking is the act of maintaining positive relationships with clients and other professionals in your industry. Maintaining a contact list can allow you to share important insights, stay updated on industry developments and achieve business goals.
Detailed explanation-2: -Strong networking skills are essential for building business relationships. Each interaction needs to be memorable and pave the way for a meaningful relationship. Successful networking generates referrals, retains current clients, and helps you develop a good reputation.
Detailed explanation-3: -What Is Business Networking? Business networking is a term that refers to meeting other business owners, potential suppliers, or other professionals who have business experiences-to help you grow your business.
Detailed explanation-4: -Networking is about establishing, building, and nurturing long-term, mutually beneficial relationships with the people you meet, whether you’re waiting to order your morning coffee, participating in an intramural sports league, or attending a work conference.
Detailed explanation-5: -Strengthen your network business connections. Tap into your network for ideas. Raise your professional profile. Grow your personal brand. Get access to job opportunities. Exchange best practice knowledge with your network. Get career advice and support. Build your confidence. More items •07-Sept-2022