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Discuss the advantages of Entrepreneurship

Discuss the advantages of Entrepreneurship

Answers

Wilfred
i.) Financial gains
ii.) Self-employment which leads to job satisfaction and flexibility
iii.) Provide job opportunities to the unemployed or those seeking better jobs.
iv.) A means of opening up new industries especially in the rural areas - facilitating globalization
v.) A source of generating income and increased economic growth.
vi.) Facilitates competition encouraging high quality products
vii.) Facilitates production of more goods and services
viii.) Leads to the development of newer markets
ix.) Promotes use of modern technology in especially small- scale manufacturing to enhance higher productivity
Wilfykil answered the question on June 12, 2019 at 12:02

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