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Planning income, expenses and cash in a business is which function of an entrepreneur?

Answer and explanation

Correct answer: Financial management

Financial management means planning, obtaining, using and monitoring money in a business. Preparing budgets, estimating income and expenses, and managing cash flow help the entrepreneur pay costs and make informed decisions. Distribution concerns movement of goods, segmentation concerns customer groups, and conflict resolution concerns disputes. Thus option D is correct.

Related tags

Financial ManagementBudgetCash FlowQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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