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What does capital mean in entrepreneurship?

Answer and explanation

Correct answer: Money or resources used to start and run a business

Capital refers to the funds and useful resources committed to establishing and operating a business. It may support the purchase of equipment, materials, technology, premises, or working requirements. Customer opinions and advertising colours may assist other business activities, but they are not capital by themselves. Therefore, money or resources used for the venture is the correct meaning.

Related tags

CapitalBusiness-ResourcesOwner’s FundsOwner S FundsSources Of Business FinanceBusiness StudiesClass 11 Mcq

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