Question
Highlight any four reasons why people start businesses.
Answer
- To provide goods and services
- To enable the distribution of goods or services to their final consumers
- To earn profit
- To create opportunities for specialization leading to quality products and se vices
- To help a country earn income through taxation
- To create employment / self employment
- To earn a living
- To improve the living standard
- Growth and expansion
- Survival-It aims at beating its competitors
- To enable the distribution of goods or services to their final consumers
- To earn profit
- To create opportunities for specialization leading to quality products and se vices
- To help a country earn income through taxation
- To create employment / self employment
- To earn a living
- To improve the living standard
- Growth and expansion
- Survival-It aims at beating its competitors
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