Explain five factors that contribute to business success in the society
- availability of capital.
- developed infrastructure.
- availability of skilled labour.
- government support.
- access to markets / customs
- aggressive marketing.
- proper management of the debts
- availability of security
- ideal location
- fair competition
- availability of raw materials/ stock
- good public relations
- being creative & innovative / enterprising / technology
- proper allocation of resources
- proper record keeping
- political stability
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