Axis
Valued Contributor
There are numerous of factors which can serve or militate the progress of some firms today below are just a few of them
unfavorable policies that are being set up by the government can be a challenge to most firms. for example government can set policies regarding taxation and sometimes their rate of taxation can be very high which the firms cannot meet up at that particular period of time.
lack of professionalism is another factor that can hinder the progress and development of most phones when there is a lack of technical know-how the expansion of such firms can be limited and this can hinder its growth. so it is vital that firms make it a habit in making a proper interview two workers before employing them into such company.
when did raw materials is inadequate or scarce this becomes a challenge for a firm to expand and grow because they have nothing to produce for the masses in order to gain more profit.
the high level of illiteracy in a country can hinder the growth of a firm. In the west Africa the literacy rate is high among investors and this can hinder the growth or the progress of a firm or business
when government show lack of support in providing social amenities infrastructural facilities such as light water good roads and so on there is a tendency that there will be a challenge in the progress of a particular firm or a company.
unfavorable policies that are being set up by the government can be a challenge to most firms. for example government can set policies regarding taxation and sometimes their rate of taxation can be very high which the firms cannot meet up at that particular period of time.
lack of professionalism is another factor that can hinder the progress and development of most phones when there is a lack of technical know-how the expansion of such firms can be limited and this can hinder its growth. so it is vital that firms make it a habit in making a proper interview two workers before employing them into such company.
when did raw materials is inadequate or scarce this becomes a challenge for a firm to expand and grow because they have nothing to produce for the masses in order to gain more profit.
the high level of illiteracy in a country can hinder the growth of a firm. In the west Africa the literacy rate is high among investors and this can hinder the growth or the progress of a firm or business
when government show lack of support in providing social amenities infrastructural facilities such as light water good roads and so on there is a tendency that there will be a challenge in the progress of a particular firm or a company.
