Question
Outline four methods that the government of Kenya uses to regulate business activities.
Answer
- Licensing business activities
- Setting of standards
- Formulating of policies / enacting laws / legislation
- Setting quotas
- Enforcement of laws
- Imposing total ban
- Taxation
- Price control
- Setting of standards
- Formulating of policies / enacting laws / legislation
- Setting quotas
- Enforcement of laws
- Imposing total ban
- Taxation
- Price control
Related Topics