Qualities of good businessman:
1- A good businessman should be honest with his work and to his team mates. He should be a trusted person so that he can work well with other members.
2- He should have good relation with other team member, he should ne cooperative and polite to other members.
3- He should have leadership skills, communication skills, quick decision power, innovative, creative and mostly importantly experienced person.
Components of business:
1- Administration
2- Finance
3- Technology
Factors of production:
There are four basic factors of production:
1- Land
2- Labour
3- Capital
4- Enterprise