Practicing Success
Practicing Success
CUET Preparation Today
| Fixed capital requirements are determined by which of the following factor? |
Nature of Business Nature of business environment. Nature of Government control. All of the above |
| Nature of Business |
| Nature of Business: The type of business has a bearing upon the fixed capital requirements. For example, a trading concern needs lower investment in fixed assets compared with a manufacturing organisation; since it does not require to purchase plant and machinery, etc. |
