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State four external factors that may adversely affect the efficient operations of a business enterprise.
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Aug 3, 2021
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Business Studies Form 1
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anonymous
State four external factors that may adversely affect the efficient operations of a business enterprise.
business and its environment
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Aug 3, 2021
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anonymous
Political instability
Corruption in the country
Lengthy licensing procedures
Insecurity in the country
High cost of finance
High taxation rates
Inadequate factor inputs
Poor weather conditions/climate
Unstable exchange rates
Poor technology.
Poor infrastructure
Low population
Unfavourable lawa/government policy
Stiff/unhealthy competition
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