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Which of the following is not a peculiar problem faced by Nigerian entrepreneurs?Question 2Answera.Infrastructural Problemsb.Inadequate Raw materialsc.Low standard of Business Ethics and Political Instabilityd.Financial Problems

Question

Which of the following is not a peculiar problem faced by Nigerian entrepreneurs?Question 2Answera.Infrastructural Problemsb.Inadequate Raw materialsc.Low standard of Business Ethics and Political Instabilityd.Financial Problems

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Solution

The question asks which of the following is NOT a peculiar problem faced by Nigerian entrepreneurs. The options are:

a. Infrastructural Problems b. Inadequate Raw materials c. Low standard of Business Ethics and Political Instability d. Financial Problems

All of the options listed are common problems faced by entrepreneurs in Nigeria. However, the question asks for the option that is NOT a peculiar problem.

The term "peculiar" means unique or characteristic of only one group, place, or thing. In this context, it refers to problems that are unique or particularly characteristic of Nigerian entrepreneurs.

a. Infrastructural Problems - This is a common problem in Nigeria where entrepreneurs face issues such as poor road networks, inadequate power supply, etc.

b. Inadequate Raw materials - This is also a common problem in Nigeria where entrepreneurs may have difficulty sourcing the necessary raw materials for their businesses.

c. Low standard of Business Ethics and Political Instability - This could be seen as a peculiar problem in Nigeria where there may be issues with corruption and political instability affecting businesses.

d. Financial Problems - This is a common problem faced by entrepreneurs all over the world, not just in Nigeria. Entrepreneurs often struggle with securing the necessary funding to start or grow their businesses.

Therefore, the answer is d. Financial Problems, as this is a common problem faced by entrepreneurs globally and not peculiar to Nigerian entrepreneurs.

This problem has been solved

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