Question

Out line four roles played by entrepreneurs in Kenya​

Answer 1

Answer:

The roles of entrepreneurs in Kenya are:

1. Looking out for and spotting opportunities in the market
2. Creating jobs
3. Increasing the Internally Generated Revenue of Kenya
4. Development of Infrastructure

Explanation:

• Entrepreneurs know how to spot changes and patterns in business trends. When the market begins to tilt in a particular direction, entrepreneurs are quick to spot and take advantage of such. Many times, they even think of the demand before the market knows it to exist.
• Job creation is one of the reasons why SMEs are invaluable to any economy. Kenya inclusive.
• When a business does well, where it is located, this translates to increased revenue for the government. There are two main channels via which the government can make money from businesses:

A. Company Income Tax

B. Taxes paid to the government by employees working in such establishments.

Countries that are business savvy run an environment that is enabling for entrepreneurs whilst providing tax incentives for top talent. Hence attracting more revenue to their coffers.

• Because governments need businesses to thrive, they provide every amenity that is necessary for businesses and their staff to be comfortable in such environments. This way, entrepreneurs indirectly influence the development of infrastructure.

Cheers