Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is business acumen and how do you get it in Retail industry?

user-image
Question added by Nagah El-Ossaily , Group Chief Financial CFO- IPO expert , A listed Joint stock Retail & Wholesales company
Date Posted: 2016/04/25
Gurjit Singh
by Gurjit Singh , Global Sales and Business Development Manager- Actively looking for change , Saudi Rubber Products Co.

I totally agreed with the answer given by experts............

 

Jareer Al Hamarneh
by Jareer Al Hamarneh , Country Manager , NATIONAL PAINTS (Al Sayegh Group)

In practice, people with business acumen are thought of as having business ‘sense’ or business ‘smarts’. They are able to obtain essential information about a situation, focus on the key objectives, recognize the relevant options available for a solution, select an appropriate course of action and set in motion an implementation plan to get the job done.

TARIG BABIKER AL AMIN
by TARIG BABIKER AL AMIN , Head of Planning and Studies Unit , Sudanese Free Zones and Markets Co.

Business acumen, also referred to as commercial or financial acumen, is defined as an intuitive and applicable understanding of how a company makes money and is critical to effective strategy execution

More Questions Like This