If you are running a business, then you will require certain skills to ensure the success of the business venture. Compared with the income perspective of development translating the capability approach into practice is quite challenging due to the emphasis on value judgments with high informational requirement and its multidimensional nature. In the capability approach the units of evaluations are not opulence (utilities, goods and resources) but functionings (doings and beings). People attach varying importance to different functionings; some functionings can be essential and important, others can be trivial and valueless. But ultimately it is their freedom. Building material or construction is growing business in an urban area. You need to invest a lot of money in order to start this business. You will also need skill to start this business. Getting a good labor is a challenge in this business. Sales and marketing strategies for businesses must adapt to the internet age. Business interactions are now a two-way street. It’s more important than ever to ensure that your business has high-quality content online while also working to maintain an excellent reputation. A big space can be converted to marriage hall or party plot. You may need to spend lot of money for decoration and development of the area. You can generate very good revenue from this business. Strategic Management focuses on how an entrepreneur implements & formulates and evaluates strategies that are aimed at developing a sustainable competitive advantage which is the reason behind some firms enjoying greater levels of performance than their competitors. 7. When your business grows to the point that you can no longer make enough blocks with hand molds you will need a concrete block machine. The only downside is that this is expensive. The machine will pay for it’s cost by increasing your production greatly. The alternative is to build your own low cost machine from auto parts and a few odds and ends. Can you build your own machine? Yes you very definitely can from plans with instructions which are readily available. Jeff Weiner is the CEO of professional networking website LinkedIn , and in early 2013 he earned the Silicon Valley Business Journal’s title of Executive of the Year for the previous 12 months. Weiner has been credited with helping the site become the hugely successful network it is, with 259 million users. In 2013 LinkedIn took the innovative step of opening up to high school students and also launched University Pages. Its goal: for young people to start searching for colleges and begin building their own professional networks. Impressively, the company’s revenue for the final quarter of 2012 outstripped expectations by a massive $25 million. And how did nice guy Weiner reward his staff of 3,500? By gifting each of them an iPad Mini. Sweet.