Course of business

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[kɔrs ʌv ˈbɪznəs]

Definition: is spheres (branches) in which it is possible to organize and develop entrepreneurial activity. The main task of an entrepreneur is to determine the direction of his business, to make a decision about the most promising options for work and further development. The course business of the company, its strategy should be developed taking into account the environmental conditions in which the company will exist. In recent years, the world has changed dramatically: the economic picture has become more complicated, the level of uncertainty has increased, and the rate of change has been increasing, unexpected and sharp changes in the market conditions are occurring more often. To create an adequate business course of the company, capable of effectively adapting to external influences, it becomes vital to understand global economic trends.

Course of business in a sentence:

  1. Before starting a business and starting an active earning, it is important to determine the main course of business, to find your idea, and to conduct an analysis.
  2. The modern market offers quite attractive options of course of business.

Synonyms and related words: vector of development, sphere of activity, direction of business