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Functions of entrepreneur in production are;Identifies viable business opportunityCombined the other factors of productionprovides capital required to carry out productionEmploy and reward other factors of productionHe bears all the risks and lossesHe makes all the decision on the businessHe controls and manages the business
Government policy improves agricultural production by;Land reform policy to enable improve land ownershipProvision of extension services/educationHelp control parasites/diseases and weeds effectivelyProvision of storage facilities for bulky commoditiesEstablish openers to supply inputs and market Agricultural goods.Provide subsidies on Agricultural inputsImpose high taxation on imports to protect local Agricultural productsImprove laws to regulate quality of AgricultureFacilitate conservation of natural resourcesEstablish national food security
Large scale organizations able to reduce their cost of production as;They buy in bulk and so enjoy quantity discountThey can afford advertising leading to more salesThey have bigger bargaining power for low interest loansThey are able to diversify products therefore spread risksThey employ skilled manpowerThey can sell in large quantity hence reducing average costAcquire up to date technologyProduce / mass production reducing selling expensesAbility to carry out research into better methods of production
Ways in which the government of Kenya promotes entrepreneurial development include;Building or improving all infrastructure such as roads, sewerage systems etcImproving the level of securityLowering taxation/giving tax exemptions or holidaysProviding subsidiesControlling the cost of electricity and petroleum products/make it affordable to encourage production