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Business strategy
Internal factors that affect a business.
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[QUOTE="Chibson, post: 215477, member: 27553"] [FONT=Georgia][I]There are a lot of internal factors that determines whether a business will succeed or not and most of these factors is responsible for the success or failure of any business provided there is an enabling environment to run a business in that particular country. If a business man does not make sure that these internal factors are put in place then there is a high possibility that such a business will not succeed. But when these factors are properly put in place before kick starting a business then there is high possibility that such a business must succeed. Sometimes it is not really about the finance of the business but the kind of mindset and ideas that people that run a business has that determines whether such a business will succeed or not. The business owner is the main factor that internally affects a business and he or she is largely responsible to whether a business succeeds or not. A business owner is responsible for employing people and when the right people are not put in the right place and there is a higher tendency that such a business we will definitely not succeed. Another internal factor that affects a business is the workers of such a business. If the workers are determined and passionate enough then there is a possibility that such a business will succeed.[/I][/FONT] [/QUOTE]
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