Why some countries have poor result in the business sector.

[CALVINDOL]

One of the most important sector of a country's economy that totally affect the growth and development of that particular economy is definitely the business sector. When an economy's or country's business sector is booming, such country is considered to be rich financially, on the other hand when an economy's or country's business sector is not booming, a whole lot of bad can definitely plague such economy or country. There are so many reasons why some countries have poor result in business, however some of these reasons and causes would be explained briefly below:

* No infrastructure: due to the lack of social amenities and infrastructure in a particular economy or country, the business welfare can totally be hindered in a lot of ways, in the sense that the transporting and movement of raw materials from where they are being excavated to where they are to be transformed into finished goods will definitely be cumbersome and burdensome, as a result of lack of infrastructure like good roads and motorable surroundings.

* No or less qualified personnel: countries with poor result in business have less or no qualified personnels, who are experienced and trained in all areas of business management and leadership. This is so because, there is no facility-fortified business institutions and commercial tertiary schools, ready and capable to teach or tutor business interested individuals down to qualification.

* Lack of government financial supports: many individuals want to establish businesses and enterprises of their own, however the problem of insufficient and inadequate capital are preventing them from doing this as they should. And the worst part is that the governments of some countries and economies do not support their citizens financially to establish businesses and to promote the development of the business sector. The building of business banks and financial institutions for business funding, could be a changing innovation.

 

[TOZZIBLINKZ]

Finding a country whose government does not support it's growth and development is absolutely not far-fetched. The most country in West Africa are ruled by rulers who do not show interest in the business welfare and development of the country and that's definitely causes the business sector of such economy or country to be poor and bad. One of the possible reason why majority of countries in West Africa are poor in business is because the growth of available businesses is stunted as a result of lack of social amenities and infrastructure which can totally aid the growth and development of these businesses.

Secondly the lack of financial funds to individuals who have the idea and who experience in businesses is also one major reason why the business sector of a particular economic or country isn't growing but rather becoming very bad. The government in such countries of west Africa should definitely improve in providing social amenities to assist business existence and also they should improve in making business banks and Grant association to be available in all looks and location of the economy so that individuals seeking for ways to establish business or seeking for ways to facilitate their business financially can possibly go to collect loans or grants to get the job done.

 

[Axis]

Every country of economy have various sector of growth and development however the business sector of a business organisation is definitely one of the major sector in which a particular country or economy develops and grows. Majority of business organisations in most countries and economies are suffering from poor results day after day as a result of the government's not giving them the support they need. Due to the lack of infrastructural amenities business organisations have not been environmentally facilitated. However majority of business organisations find it hard to transport raw materials and finished goods from where they are being excavated or from where they are being produced to reach the final consumers or wholesalers and retailers.

Another possible setback in the business sector of various business organisations is that, there is no business Banks and business monetary Grant institutions ready and capable to issue loans and grants two business organisations seeking to financially facilitate their businesses.