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Topic: Business
Number of pages / Number of words: 6 / 1488
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The firm’s owner should have a sufficient level of managerial skills. If these skills are not present, experienced personnel needs to be employed into the firm. The owner should also have an awareness of the technology of production. The career history of the firm owner affects the firm’s performance...


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If the owner is not adequately educated, he/she may not be able to run the firm properly which would result in the firm performing badly in the business market. The older the owner, the more experienced and skilled he/she is. This simply means that they have the ability of dealing with problems professionally and they can also generate solutions for these problems...


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