Why is capital necessary in business?
Answer and explanation
Correct answer: To arrange materials and tools
Capital fulfils starting and running needs of business. Exam tip: consider capital a resource.
Frequently asked questions
What is the correct answer to this question?
To arrange materials and tools
Why is this the correct answer?
Capital fulfils starting and running needs of business. Exam tip: consider capital a 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.