5 IMPORTANT BUSINESS SKILLS EVERY PROFESSIONAL NEEDS
- Understanding of Economics
- Opportunity Costs. Opportunity costs refer to the benefits of an individual or a business loses out when it chooses another alternative. …
- Sunk Cost. …
- The Trade War. …
- Supply and Demand:
- Data Analysis Skills
- Math (statistics and probability)
- Logic and analysis.
- Relational databases (MySQL)
- Problem-solving and troubleshooting.
- Pattern and trend identification.
- Data mining and data QA.
- Database design and management.
- SharePoint and advanced Microsoft Excel functions.
- Financial Accounting Skills
- Analytical Skills. Accounting work requires a meticulous, detail-oriented eye. …
- Organization. …
- Critical Thinking. …
- Interpersonal Communication. …
- Adaptability. …
- Time Management. …
- Industry Knowledge. …
- Spreadsheet Proficiency.
- Negotiation Skills
- Negotiating with a customer over the price and terms of a sale.
- Negotiating a legal settlement with an opposing attorney.
- Negotiating service or supply agreements with vendors.
- Mediating with students on lesson plan goals.
- Business Management Skills
- Communication. Communication skills in business management are key. …
- Management & Leadership. …
- Financial Intelligence. …
- Information Technology. …
- Critical Thinking & Problem-Solving. …
- Creativity and Innovation.
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