Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
An entrepreneur generally does NOT raise funds for which of the following purposes?
Options:
Retiring Existing Debt
Growth and Expansion
Paying Dividend
Both 1 and 3
Correct Answer:
Paying Dividend
Explanation:
Funds are not raised or paying dividends. Entrepreneur can use the capital raised for a variety of purposes including:
(1) growth and expansion,
(2) retiring existing debt,
(3) corporate marketing and development
(4) acquisition capital.