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What does business savvy mean?

Posted on 2021-07-08 by Muna Meyer

What does business savvy mean?

Business acumen, also known as business savviness, business sense and business understanding, is keenness and quickness in understanding and dealing with a business situation (risks and opportunities) in a manner that is likely to lead to a good outcome.

What is another word for business savvy?

What is another word for business acumen?

business knowledge business expertise
business insight entrepreneurialism

What does it mean for someone to be savvy?

: having or showing perception, comprehension, or shrewdness especially in practical matters.

How do you use business savvy?

Example sentences. business savvy. Her secret, it seems, has been a confluence of business savvy and a folksy but formidable disarming charm. Then there is the boffin inventor entrepreneur with imagination but no business savvy.

How can I improve my business savvy?

6 Ways to Improve Your Business Acumen

  1. Read (and listen to) the right stuff.
  2. Develop a business book library.
  3. Learn how your organization makes and spends money.
  4. Join your professional association.
  5. Step out of your regular responsibilities.
  6. Know your customer.

Is Savvy a slang word?

(slang) To understand; get the idea. To understand; comprehend. Well informed and perceptive; shrewd. Shrewdness or understanding.

What is the closest synonym to the word savvy?

insightful,

  • perceptive,
  • percipient,
  • perspicacious,
  • sagacious,
  • sage,
  • sapient,
  • wise.
  • What is the synonym of savvy?

    shrewd, astute, sharp-witted, sharp, acute, intelligent, clever, canny, media-savvy, perceptive, perspicacious, sagacious, sage. informal on the ball, smart, streetwise. Scottish, Northern English informal pawky.

    Is the customer always right?

    ‘The customer is always right’ is a popular phrase attributed to a variety of turn-of-the-century American retail pioneers. It’s not about doing whatever the customer asks, but listening to customers and going the extra mile to understand their needs.

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