Practicing Success
Right from the very beginning i.e. conceiving an idea; finance is not required for which of the following? |
Promote or establish the business Develop product Purchase of Personal House Acquire fixed assets |
Purchase of Personal House |
The correct answer is Purchase of Personal House. Finance is not required to purchase a personal house from the very beginning i.e. conceiving an idea. A house is a personal asset, and it is not related to business. A business needs finance to promote or establish the business, develop products, and acquire fixed assets. The other options are all related to business:
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