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Highlight any five reasons why there are so many small-scale business firms in Kenya despite the economies of scale enjoyed by large firms
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Aug 12, 2021
in
Business Studies Form 3
by
anony mous
Highlight any five reasons why there are so many small-scale business firms in Kenya despite the economies of scale enjoyed by large firms
size and location of a firm
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Aug 12, 2021
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anony mous
Small-scale firms require small amount of capital to start
They are simple and easy to manage
some services can only be provide in small scale
Some businesses/professions have restrictions
Government policy may influence a firm to remain small
Small markets are better served by small firms
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Nov 1, 2023
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0732016XXX
It requires little capital to start.
It is easy to manage.
It is easy to fast to make decision.
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