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Why is capital necessary in business?

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Answer and explanation

Correct answer: To arrange materials and tools

Capital fulfils starting and running needs of business. Exam tip: consider capital a resource.

Tags

home-scienceentrepreneurshipcapital

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.

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