What is capital used for while starting a new enterprise?
Answer and explanation
Correct answer: Materials tools and start-up expenses
Capital fulfils the basic needs of a business. Exam tip: consider capital as a main resource.
Frequently asked questions
What is the correct answer to this question?
Materials tools and start-up expenses
Why is this the correct answer?
Capital fulfils the basic needs of a business. Exam tip: consider capital as a main 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.