What is capital used for in a business?
Answer and explanation
Correct answer: To start resources and operations
Capital is used for raw material, tools, and other needs. Exam tip: consider capital as an enterprise resource.
Frequently asked questions
What is the correct answer to this question?
To start resources and operations
Why is this the correct answer?
Capital is used for raw material, tools, and other needs. Exam tip: consider capital as an enterprise resource.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.