Factors Inhibiting Entrepreneurial Development

The following factors may inhibit entrepreneurial development

  • Poor or lack of business acumen
  • Poor marketing techniques
  • Poor pricing policy or poor casting
  • Poor networking and benchmarking to expand business horizon, customer base and markets
  • Negative attitude towards entrepreneurial culture
  • Lack of achievement motivation
  • Poor delegation due to belief of self righteousness, confidence or lack of trust in other people.
  • Inability to uphold new technology, ideas and practices
  • Failure to utilise time effectively

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