Khin Maung Nyo (Economics) - Business Management

Business Management

90 percent of decisions are based on past experience. Only 10 percent require in-depth analysis. About 90 percent of mistakes in writing can be corrected. Only 10 percent of mistakes need to be rewritten.

About 90 percent of old documents will never be used again. Destroy them regularly.

Usually, 90% of customers are people who don't cause problems but understand. Only 10% find problems.

About 90 percent of your work can be done by your subordinates. You only need to supervise about 10 percent.

About 90 percent of work is routine. Only the remaining 10 percent requires creative thinking.

A closed book that is not read is just a piece of paper.

A business that only makes money and does nothing is a poor business.

A businessman is a cross between a dancer and a calculator.

A messy desk isn't just about a clerk. It's about the manager. It's not because the manager is too busy, it's because they're not making clear decisions.

A group of people who take a week to do a job that one person can do in an hour is called a committee.

Bargaining is a way of making everyone think they are getting the biggest piece of cake when they divide it.

A conference is when important people come together and decide that they can't do anything on their own.

Dinner tables make business run smoothly.

A good administrator must conduct administrative work as cost-effectively and with as little work as possible.

A genius cannot be destroyed by others. He can only be destroyed by himself.

Customers can always be made to smile just by improving the quality a little bit.

They came from miles of travel with just a little courtesy.

Just a little familiarity will make you feel at ease.

Just a little service will make you come back again.

There is no such thing as a static business. It will either go up or down. It will either go down or up.

A person who accumulates wealth but does not enjoy its use is like a horse that carries gold bars but eats only grass.

A man who travels the world to find what he needs finds it only when he returns home.

A person who is both rich and poor is the happiest person, enjoying both the wealth of riches and the wealth of wealth.

A person with excess money can control the situation. A person without excess money is controlled by the situation. He has no decision-making power.

The only wealth a person truly possesses is the good deeds he has done for the world.

A merchant's happiness depends on luck, wind, and waves.

A manager develops people through management. He makes it easy or difficult for them to develop themselves. He guides them in the right direction or leads them astray. He brings out or diminishes their inner qualities. He strengthens or destroys their integrity. He makes them righteous or corrupt.

There is a place for everything in business, and every object must have its place. A pre-written speech is like a dried flower. It has the essence, but its color is faded and its fragrance is gone.

A slave who buys money has only one master. But a man with great ambition has all those who help him achieve his ambition as his masters.

If you graduated yesterday and do nothing today, you will become an uneducated person tomorrow.

AT Stewart soos osôc3Toogid, oon.

This merchant prince went door to door selling needles, threads, and buttons. He later realized that people didn't want to buy those things anymore. So he...

“We don’t sell these items anymore, but I’ll go ask people what they want.”

He said to himself.

Then he studied people's needs and desires. He discovered what they wanted most. He tried to fulfill those needs. In this way, he became the best businessman of his time.

85 percent of advertising should be a blur, 15 percent should be about actual work, and the rest should be about informing people that they are advertising.