Consider a business of your choice that is to be created in any of the following sectors:
(a) Manufacturing, (b) Service and (c) Commerce.
Some of the more important decisions are:
a. Is it is worthwhile to create this business?
b. What resources does this business need to provide its services?
c. What types of stakeholders must this business attempt to satisfy?
d. What are the key functions that managers must perform to manage this business?
e. What characteristics in the business environment must the managers monitor?