What challenges may be experienced by a new entrepreneur who is intending to start a business in Kenya?

List the challenges that may be experienced by a new entrepreneur who is intending to start a business in Kenya.

---

(i) Poor infrastructure/ poor roads which may hinder access to markets or inputs.

(ii) Inappropriate technology which may result in less quantity or poor quality products.

(iii) Unfair competition.

(iv) Inadequate manpower to run the business effectively.

(v) Poor pricing which might make the product to be too expensive to attract buyers or too cheap to sustain the business.

(vi) Inadequate market.

(vii) Inadequate capital/ funds to sustain/ expand.

(viii) Inadequate skills/ poor management.

(ix) Unfriendly/ poor government policies for example, high taxes which are unfavourable to the growth/ expansion of the business.

---

maurice.mutuku answered the question on July 22, 2017 at 08:07

Exams With Marking Schemes

• Grade 1
• Grade 2
• Grade 3
• Grade 4
• Grade 5
• Grade 6
• Grade 7
• Grade 8
• Grade 9
• PP1
• PP2
• Playgroup
• Form 1
• Form 2
• Form 3
• Form 4

Related Questions

---

• What channels can be used to distribute locally manufactured goods? (Solved)
  

  Give channels that can be used to distribute locally manufactured goods.

  Date posted: July 22, 2017 .    Answers (1)

• In what ways can a legal-political environment impact negatively on entrepreneurs? (Solved)
  

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

  Date posted: July 22, 2017 .    Answers (1)

• What is the difference between Double and co-insurance? (Solved)
  

  Explain the difference between Double and co-insurance.

  Date posted: July 21, 2017 .    Answers (1)

• Under what circumstances can a trader issue a credit note to a customer? (Solved)
  

  List circumstances under which a trader can issue a credit note to a customer.

  Date posted: July 21, 2017 .    Answers (1)

• What is Scale of preference? (Solved)
  

  Define Scale of preference.

  Date posted: July 21, 2017 .    Answers (1)

• Why may a public limited company prefer to raise finance through issue of ordinary shares instead of debentures? (Solved)
  

  Explain why a public limited company may prefer to raise finance through issue of ordinary shares instead of debentures.

  Date posted: July 21, 2017 .    Answers (1)

• What are the differences between a public warehouse and private warehouse? (Solved)
  

  Give the differences between a public warehouse and private warehouse.

  Date posted: July 20, 2017 .    Answers (1)

• What are the challenges facing consumer associations in Kenya? (Solved)
  

  List the challenges facing consumer associations in Kenya.

  Date posted: July 20, 2017 .    Answers (1)

• What are the advantages of a short distribution channel of goods to a buyer? (Solved)
  

  List the advantages of a short distribution channel of goods to a buyer.

  Date posted: July 20, 2017 .    Answers (1)

• What are the uses of an advice note in business transactions? (Solved)
  

  List the uses of an advice note in business transactions.

  Date posted: July 20, 2017 .    Answers (1)

• What are the unethical practices in product promotion? (Solved)
  

  List the unethical practices in product promotion.

  Date posted: July 20, 2017 .    Answers (1)

• What are the factors to consider when choosing a means of transport? (Solved)
  

  Highlight the factors to consider when choosing a means of transport.
  

  Date posted: July 20, 2017 .    Answers (1)

• What benefits may a wholesaler get if he operates own warehouse? (Solved)
  

  Explain the benefits that a wholesaler may get if he operates own warehouse.

  Date posted: July 19, 2017 .    Answers (1)

• Under what circumstances would a public warehouse be ineffective? (Solved)
  

  List the circumstances under which a public warehouse would be ineffective.

  Date posted: July 19, 2017 .    Answers (1)

• What are the canons of taxation? (Solved)
  

  List the canons of taxation.

  Date posted: July 19, 2017 .    Answers (1)

• What measures is the state putting in place to bring sanity in the matatu transport sector in Kenya? (Solved)
  

  Give measures that the state is putting in place to bring sanity in the matatu transport sector in Kenya.

  Date posted: July 19, 2017 .    Answers (1)

• Why may a manufacturing firm offer after sale services to its consumers? (Solved)
  

  Highlight reasons why a manufacturing firm may offer after sale services to its consumers.

  Date posted: July 18, 2017 .    Answers (1)

• In which ways does the government participate in training businessmen in the country? (Solved)
  

  Give ways in which the government participates in training businessmen in the country.

  Date posted: July 18, 2017 .    Answers (1)

• What measures can be adopted to correct the balance of payment deficit? (Solved)
  

  Explain measures that can be adopted to correct the balance of payment deficit.

  Date posted: July 18, 2017 .    Answers (1)

• Why would you prefer buying goods from the supermarket instead of the kiosk? (Solved)
  

  Explain why you would prefer buying goods from the supermarket instead of the kiosk.

  Date posted: July 17, 2017 .    Answers (1)