Question
Outline four micro-economic factors that promote business operations.
Answer
- Adequate ad skilled labour
- Good business structure
- Sufficient and well allocated finance
- Sufficient Physical Resources
- Committed Owners
- Use of appropriate and affordable technology
- A good business culture that promotes hard work and commitment
- Good business structure
- Sufficient and well allocated finance
- Sufficient Physical Resources
- Committed Owners
- Use of appropriate and affordable technology
- A good business culture that promotes hard work and commitment