Question

Write a paragraph in response to the following statement: Business organization is a critical part of successful entrepreneurship.

Answer 1

The business organization is a critical part of successful entrepreneurship because it is the basis of support for the effectiveness of a project. Most entrepreneurial activities that do not work, end their business due to lack of planning in the business organization. In this context, designing an appropriate business-type strategy is the key to making the business thrive.

Answer 2

Business organization is indeed essential in having a successful entrepreneurship because it is in how things are being handled that the improvement of the business dealings is improved. The business organization includes the personnel, core values, vision, mission, etc which would lead the business unit to a coherent and more organized environment.