Problems associated with the business world.

[TOZZIBLINKZ]

Almost everywhere you look you see businesses and other commercial establishments own and control by individuals who call themselves entrepreneurs or business owners . An individual is more likely to think that managing and establishing a business organisation is it something easy and free without problem , but only an experienced individual can totally identify and truly point out that there are problems associated with the business world . Before listing out this problem we must first of all understand that managing a business is more difficult than establishing a business because establishing a business could be made easy especially if an individual has a business idea and also have the requisite capital and sufficient funds to totally bring the business idea into existence . One of the most common problem associated with the business world is increased cost of production . Some businesses cannot help the problem of increased cost of production because when cost of production increases productivity and income tend to decrease as a result of the business having to spend more than usual amount of money to produced or manufactured products and services for sale or rendering .

On the other hand who infrastructural amenities and not made sufficiently in existence for business activities and processes to move smoothly . Raw materials and finished goods or products need to be transported from where they are been produced to go there to be bought or sold and that cannot be made possible without the provision of good transport systems .

 

[Axis]

As you have written earlier transportation can also contribute to the problems which are being associated with a business. And also storage facilities is another problem when these facilities are tend to be lacking this will contribute to a big problems in a business because the storage of these goods will be difficult due to the unavailability of these facilities.
Also social amenities is also a problem in a business when the light water and electricity and even good roads are found to be lacking and available this can pose a major challenge or problem in a business. The on availability of water supply can make it difficult for most industries to produce some goods and services that needs water for it production. And also light needed to power up equipment machines for production of some goods when this lacking or is not available industrious spend a lot of money in production of well and this can cost more expenses.

And so it is very vital for the government to look into these problems because they have a role to play in adjusting and addressing this problem itself

 

[CALVINDOL]

There are so many problems surrounding a business organisation some of which are being caused by the business owner and operator of itself and some which are being caused by the government's governing the country in which the business is absolutely establish . Some of the problems and issues caused by a particular business organisation by edition soreness is absolutely the problem of wrong business transaction management . Every business needs it transactions to be documented for future references and retrievation . It is absolutely paramount that a business organisation adopt the computer-based medium or strategy of recording business transactions which include using a software to do so .

Governmental crisis such as recession and inflation can totally affect the existence and businesses and totally go a long way to increase the cost of production for small-scale businesses and sometimes to large-scale businesses make it a business to spend more than usual amount to provide goods and services to satisfy the needs and wants of its encountered customers and clients .