One disadvantage of indigenization is that it

Assessment: WAEC SSCE - Commerce - 2008 (Objective) Subject: Commerce

Question 1 Report

One disadvantage of indigenization is that it
Answer Details
Indigenization refers to a policy aimed at promoting the participation of indigenous people in the ownership and control of businesses. One disadvantage of indigenization is that it may discourage foreign investment in the economy because foreign investors may be hesitant to invest in an environment where they do not have significant control over their investments. This can lead to a reduction in the overall level of investment and may also lead to a decline in the overall competitiveness of the economy.
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