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How does unreliable supply of raw materials inputs power finance and labor affects entrepreneurs?
Wiki User
∙ 11y ago
unreliable supply of raw materials is one of the challenges facing entreprenuers in Nigeria,in the sense that nigeria as a whole do not have stable supply of lights this tends to affect the business of small managers and depends on the nature of their jobs they begin to loss profit and eventually abandone the job.
Wiki User
∙ 11y ago
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What are the problems faced by an entrepreneur?
1. Lack of adequate finance 2. High cost of raw materials & other inputs 3. Unfavourable market conditions 4. Unreliable supply of raw materials, power, labour, etc.. 5. Complex rules, regulations, procedures by the govt..
What is the difference between an entrepreneur and an investor?
Investors are the people who provide a business with the finance it needs. This finance can come from owner's capital, loan capital from banks or grants from State Agencies. Entrepreneurs are people who take the initiative to turn an idea to business.
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What are challenges facing intrapreneurship?
The following are the challenges or problems faced by small entrepreneurs: (a) Lack of adequate credit (b) Unreliable supply of raw materials, inputs, power, finance, labour,etc (c) High cost of raw materials and other inputs (d) Unfavourable market fluctuations (e) Complex rules, regulations and procedures framed by the Government (f)
What are the problems faced by an entrepreneur?
1. Lack of adequate finance 2. High cost of raw materials & other inputs 3. Unfavourable market conditions 4. Unreliable supply of raw materials, power, labour, etc.. 5. Complex rules, regulations, procedures by the govt..
What training programs are available for entrepreneurs?
A business degree with emphasis on finance and marketing would be one way to start.
How finance resources affects succession planning in an organisation?
yes
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Most women have to depend on their own funds or loans from friends and family but there are lot's of online financing option available for women entrepreneurs. Both Government and private sector are also providing the finance for women.
What is the difference between an entrepreneur and an investor?
Investors are the people who provide a business with the finance it needs. This finance can come from owner's capital, loan capital from banks or grants from State Agencies. Entrepreneurs are people who take the initiative to turn an idea to business.
What is DECA mission statement?
DECA prepares emerging leaders and entrepreneurs for careers in marketing, finance, hospitality and management in high schools and colleges around the globe.
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Glass and Steel
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every business needs finance to pay wages, buy materials or pay for assets
What has the author George C Glover written?
George C. Glover has written: 'Materials for problems in corporate finance' -- subject(s): Corporations, Finance
What has the author H B Falkena written?
H. B. Falkena has written: 'Managing your finances after retirement' -- subject(s): Finance, Personal, Personal Finance, Retirees, Retirement income, Saving and investment 'Entrepreneurs only' -- subject(s): Businesspeople, Entrepreneurship
What is entrepreneurial finance and personal finance?
Entrepreneurial finance: Entrepreneurial finance is that the study useful and resource allocation, applied to new ventures. it's a field minded to assist entrepreneurs create investment and funding selections, from pop out to reap. Personal finance: Personal finance refers to the financial selections that a private or a extended family is needed to form to get, budget, save, and pay financial resources over time, taking into consideration numerous money risks and future life events. More info you will find at our site: http://www.globalfinanceschool.com
