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In what ways can a legal-political environment impact negatively on entrepreneurs?

      

Give ways in which a legal-political environment can impact negatively on entrepreneurs.

  

Answers


Maurice
(i) Lack of political stability in the country scares away investors.

(ii) Government policies like high taxation discourages investors.

(iii) Requirements for one to start a given business may be costly.

(iv) Procedures to be used to acquire relevant documents may be lengthy and tiresome.

(v) Lack of political goodwill to support entrepreneurs in a country's government.
maurice.mutuku answered the question on July 22, 2017 at 06:22


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