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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsMediumLevel 47

Why is financial planning necessary in entrepreneurship?

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Answer and explanation

Correct answer: To control cost income savings and profit

Financial planning makes business stable and sustainable. In exams, treat money management as a base of entrepreneurship.

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financial planningcostprofit

Frequently asked questions

What is the correct answer to this question?

To control cost income savings and profit

Why is this the correct answer?

Financial planning makes business stable and sustainable. In exams, treat money management as a base of entrepreneurship.

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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