The cultural factors inhibiting entrepreneurial development.
a) Religion – religious believes may deter entrepreneurial investments in items such as night clubs and pubs.
b) Language – establishing businesses in areas where language barrier may allow poor communication or fear of invation.
c) Personal relationship – Married people may avoid getting involved in business activities since no time is spared for the family.
d) Attitude towards innovation -Especially in cultures which oppose innovation due to fear of change
e) Networks – poor networking and ability to meet people limit new
i) Opportunities
ii) New knowledge
iii) New information.
f) Technology – lack of technical skills and knowledge may slow growth and development of entrepreneurial Lock one out of being competitive.
lydiajane74 answered the question on May 8, 2018 at 01:37
-
What is the Importance of Entrepreneurship Culture?
(Solved)
What is the Importance of Entrepreneurship Culture?
Date posted:
May 8, 2018
.
Answers (1)
-
Explain the economic, social and political factors affecting entrepreneurial development
(Solved)
Explain the economic, social and political factors affecting entrepreneurial development
Date posted:
May 8, 2018
.
Answers (1)
-
Outline how the government of Kenya has planned to promote entrepreneurship
(Solved)
Outline how the government of Kenya has planned to promote entrepreneurship.
Date posted:
May 8, 2018
.
Answers (1)
-
State five desirable characteristics of information.
(Solved)
State five desirable characteristics of information.
Date posted:
May 5, 2018
.
Answers (1)
-
Explain five methods of written communication.
(Solved)
Explain five methods of written communication.
Date posted:
May 5, 2018
.
Answers (1)
-
State five advantages and five disadvantages of face to face communication.
(Solved)
State five advantages and five disadvantages of face to face communication.
Date posted:
May 5, 2018
.
Answers (1)
-
State six importance of communication to an organization.
(Solved)
State six importance of communication to an organization.
Date posted:
May 5, 2018
.
Answers (1)
-
State four advantages and four disadvantages of written communication.
(Solved)
State four advantages and four disadvantages of written communication.
Date posted:
May 5, 2018
.
Answers (1)
-
State the advantages and the disadvantages of audio-visual communication
(Solved)
State the advantages and the disadvantages of audio-visual communication
Date posted:
May 5, 2018
.
Answers (1)
-
State four means of audio-visual communication.
(Solved)
State four means of audio-visual communication.
Date posted:
May 5, 2018
.
Answers (1)
-
State seven barriers to communication.
(Solved)
State seven barriers to communication.
Date posted:
May 5, 2018
.
Answers (1)
-
Describe four trends in communication.
(Solved)
Describe four trends in communication.
Date posted:
May 5, 2018
.
Answers (1)
-
Give some of the reasons for opposing innovation
(Solved)
Give some of the reasons for opposing innovation.
Date posted:
May 4, 2018
.
Answers (1)
-
State the reasons for innovation
(Solved)
State the reasons for innovation.
Date posted:
May 4, 2018
.
Answers (1)
-
How can promotion of entrepreneurship be done?
(Solved)
How can promotion of entrepreneurship be done?
Date posted:
May 4, 2018
.
Answers (1)
-
Explain some of the Characteristic of a Potential Entrepreneur.
(Solved)
Explain some of the Characteristic of a Potential Entrepreneur.
Date posted:
May 4, 2018
.
Answers (1)
-
Explain steps involved in designing a package
(Solved)
Explain steps involved in designing a package
Date posted:
May 4, 2018
.
Answers (1)
-
Outline the functions of packaging
(Solved)
Outline the functions of packaging
Date posted:
May 4, 2018
.
Answers (1)
-
Outline the different types of packaging
(Solved)
Outline the different types of packaging.
Date posted:
May 4, 2018
.
Answers (1)
-
Define warehouse management system
(Solved)
Define warehouse management system.
Date posted:
May 4, 2018
.
Answers (1)