Question
State four factors that inhibit entrepreneurial development.
Answer
(i) Unfavourable government policies e.g. high taxes.
(ii) Poor infrastructure e.g. poor roads and communication.
(iii) Lack of relevant education and skills.
(iv) Limited market.
(v) Inability to cope with competition.
(vi) Political instability.
(vii) Shortage of resources i.e. capital human resource etc.
(ii) Poor infrastructure e.g. poor roads and communication.
(iii) Lack of relevant education and skills.
(iv) Limited market.
(v) Inability to cope with competition.
(vi) Political instability.
(vii) Shortage of resources i.e. capital human resource etc.
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