Outline four challenges that a new entrepreneur will experience when establishing business in Kenya.

      

Outline four challenges that a new entrepreneur will experience when establishing business in
Kenya.

  

Answers


gideon
i. Inadequate market due to law income of buyer/due to cultural practices/beliefs of customers.
ii. Poor infrastructure leading to inaccessibility to the market/inspects.
iii. Unfavorable government policies e.g. high taxation which may discourage expansion.
iv. Inadequate skills leading to poor management.
v. Inadequate technology, resulting to less quantity or poor quality good/products.
vi. Stiff competition thus unable to access markets.
vii. Poor pricing which make the produce to be expensive to attract customers
gideon1 answered the question on October 14, 2017 at 09:38


Next: Highlight four factors to be considered by an individual when holding money for precautionary motive.
Previous: Outline four forms of Personal Selling

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions