Professional Documents
Culture Documents
TUGAS 1
ESSAY
Lack of knowledge of the Business Cycle leads to failure in operating business
In running a business there must be advantages and disadvantages, there are also
successes and failures. Whether starting a business from scratch or one that is already
running, failure in business is one of the things that most business people fear.
Applying the adage "prepare an umbrella before it rains", you certainly need to prepare
and fix the triggering factors from the start. Don't forget to motivate yourself and the
environment around you. Because the right motivation can help you become a wise
entrepreneur.
Several factors cause entrepreneurs to fail in running their new businesses:
- Incompetent in managerial
Incompetence or not having the ability and knowledge to manage a business is the
main factor that makes the company less successful
- Less experienced
The experience in question is both in the ability to activate, skills in managing human
resources, as well as the ability to integrate company operations