The following are policy measures the state can put in place to promote entrepreneurship in a country, except?Question 17Answera.Licensing bureaucracyb.Capacity buildingc.Tax incentivesd.Credit guarantees
Question
The following are policy measures the state can put in place to promote entrepreneurship in a country, except?Question 17Answera.Licensing bureaucracyb.Capacity buildingc.Tax incentivesd.Credit guarantees
Solution
The policy measure that the state can put in place that does not promote entrepreneurship in a country is:
a. Licensing bureaucracy
This is because licensing bureaucracy often involves complex procedures and red tape that can hinder the growth and development of entrepreneurship. It can create barriers to entry, making it difficult for new entrepreneurs to start their businesses. On the other hand, capacity building, tax incentives, and credit guarantees are all measures that can help to promote entrepreneurship.
Similar Questions
8.How do government policies impact the emergence of entrepreneurship in a country? A. Providing incentives B. Imposing strict regulations C. Discouraging foreign investment D. Limiting access to education
Which one of the following is a challenge faced by entrepreneurs in your country.Question 18Answera.Lack of employmentb.Supportive government policiesc.Unregulated competitiond.Low interest rates
Topic 9: Which of the following statements explain the key reasons why governments develop policies and programs to support entrepreneurships:Question 3AnswerA.Promote job creation and related economic activity - new entrepreneurial business ventures generate new jobs.B.All of these reasons.C.Provide relevant information and training, especially for nascent entrepreneurs.D.Encourage and facilitate early-stage development in commercial start-ups and social entrepreneurships.
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opic 9: Which of the following statements is NOT one of the aims of governments’ support for entrepreneurships:Question 7AnswerA.Policy initiatives focus on early-stage development in commercial/for-profit start-ups and social entrepreneurships.B.Promotion of job creation is critical economic activity: new entrepreneurial business ventures generate new jobs.C.New technology transfers from university research laboratories and private R&D to other industry sectors are best left to private partnerships.D.Public funding to support entrepreneurial activity is made available to improve access to finance for entrepreneurs.
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