Why does the government train business people?

      

Give reasons why the government trains business people.

  

Answers


Maurice
(i) Inform them on available profitable opportunities they can venture in.

(ii) Identify their problems and look for possible solutions.

(iii) Expose them to government policies regarding business activities.

(iv) To expose them to modern development in management.

(v) Impart proper business ethics.

(vi) Educate them on efficient methods of operating their businesses.

(vii) Educate them on how to maximize their profits at minimal costs.

OR

Highlight any four reasons why the Kenyan government finds it necessary to train businessmen.

-Expose businessmen to modern developments in management.
-Educate businessmen of efficient methods of operating business eg effective methods of sales promotion.
-Identify and discuss current problems facing businesses and look for possible solution.
-Import proper business ethics eg good customer relations.
-Educate businessmen on how to use available resources to minimize costs and maximize profits.
-Inform businessmen on various available profitable business opportunities in their surroundings.
-Expose them to government policies regarding business activities in the country.
maurice.mutuku answered the question on July 29, 2017 at 12:12


Next: What are the goals of Economic Development?
Previous: What are the characteristics of a life assurance policy?

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


Exams With Marking Schemes

Related Questions