Business Studies, asked by kavita196, 1 year ago

role of individual factor in entrepreneurship development

Answers

Answered by Nyaberiduke
4

There are several roles that the individual as a factor plays to ensure for the entrepreneurship development as follows bellow;

An entrepreneur will look look for reliable markets for the goods and services.Market is one of the essential factor that should be reliable for the development of an entrepreneurship.

Capital formation; an entrepreneur will provide for the capital require to run an enterprise.This is both materially and financial well up.

Provision of labor; labor as a factor of production should be available in any enterprise.The skilled labour as the most applicable factor for an intrepreneurship development.


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