Key Skills Essay Example | Topics and Well Written Essays - 1250 words

Key Skills - analyze ExampleIn line with this, dutyes identify the essential role that technology plays to connect the business with the terra firma and help the business network with its customers through platforms that technology provides. Technology helps a business organization ruffle systems that enhanced operations in a business (Baskerville 317). In this regard, businesses are able to upgrade, replace, and add refreshing technology that supportsystems that help a business carry out its operations in a manner that promoted effectiveness and efficiency in business. While technology appreciation skills arefundamentalin managing successful businesses, it is important to ensure that business executives heightened these skills in an attempt to remain competitive in the contemporary society. For instance, it is evident that the world witnesses a situation whereby brisk technological innovations are the order of the solar day with systems continually changing every day. In eff ect, it is important for business executives with technology appreciation skills to understand the changes in technology and adopt the new technology in order to ensure that their business organizations incorporated new systems that were efficient. ... In this case, numeracy skills are acrucial aspect of business since mathematical concepts are applicable in practical situations that help an individual to develop estimates in business that enhance the business ability to counterbalance profits. On the other hand, occupation solving skills are essential in enhancing the ability of business community to think critically and analyze situations while providing their solutions (Velde 69). In line with this, it is essential to point out that problem solving numeracy skills in business are essential in carrying out an analysis of business estimates that strickle the performance of a business and develop solutions ground on the analysis. In addition, these skills are crucial in business forecasting since they help a business executive to interpret graphs, charts, and data that help a business make projections that affect their business (Velde 69). Business forecasting is important in decision-making. Business executives develop problem solving numeracy skills that help them tothink critically, toanalyzechallenging situationsina business, and make decisions based on critical thinking and effective analysis. Problem solving numeracy skills requireto be developed in order to increase a business executives competency. In this case, it is important for business executives to require their brainscontinuallyby using mathematical ideas and techniques in order to develop their skills. In addition, working together in teams helps an individual gain concepts and skills from other members of staff in order to ensure that they developed their skills. In a knowledge-based economy, business executives should focus on learning skills and acquiring knowledge that focused on analy zing business