Economy, asked by diyu8504, 11 months ago

Advantage and disadvantage of indigenization

Answers

Answered by riyaz112
3

Answer:

Indigenisation is a national approach which seeks to benefit all indigenous participation by a broad spectrum of the indigenous Zimbabwean population:.

Commerce, SS2, Week 6 Topic: Indigenization Content: Meaning of Indigenization Reasons for indigenization Advantages and disadvantages of indigenization

development. This paper seeks to analyze Zimbabwe's indigenisation policy. The them to penetrate the countries' resources and it is not about the majority's benefit. The indigenisation policy has .. 3.9.2 Limitations of formative evaluation .

15 Mar 2013 No one is opposed to the principle of indigenisation and its aims to despite the negatives of the policies, seek to be compliant therewith.An analysis of indigenisation and economic empowerment in Zimbabwe. by find out the perceived advantages and disadvantages of this technologically.

Zimbabwe's Indigenisation and Economic Empowerment Programme, (IEEP), advantages and disadvantages of implementing an economic affirmative %20and%20Human%20Poverty%20in%20Namibia%20October%202007.pdf.

pdf. Indigenisation and Economic Empowerment Policy Views and Concerns in the The Indigenisation and Economic Empowerment (IEE) Policy of Zimbabwe .. Yan, (1998), states that there are advantages and disadvantages of using

29 Feb 2012 Small-to-medium scale enterprises and co-operatives should take advantage of the ongoing indigenisation drive and partner with companies

4 Mar 2010 is Zimbabweans as a whole that should benefit from the exploitation of . disadvantages suffered by themselves or their families without the

20 May 2013 Take advantage of indigenisation of retail sector were pushing out Zimbabwean businesspeople, especially from the retail sector. would be another vacuum that could force prices up to the disadvantage of consumers

Answered by gratefuljarette
9

The main advantage of indigenization is that it creates opportunities for development of industries which in turn creates employment opportunities of the people. On the other hand the disadvantage is that is discourages any foreign investments on the country

Explanation:

Advantage of indigenization

  • The process of indigenization creates development of  private industries in the country. It helps to bring in more revenue in the country
  • Indigenization leads to more employment opportunities for the people in the country
  • Indigenization leads to self reliance of the countries and more participation of the people in running the business

Disadvantage of indigenization

  • The problem with indigenization is that it discourages foreign control of an economy and foreign investments
  • The companies look maximize their profits due to which the cost of production becomes high
  • The process of indigenization leads to commercialization of the business and it brings down the standard of living of the people

To know more about indigenization

Who are indigenous people?describe any 4 problems of indigenous people.

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