Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Resource Mobilisation

Question:
Which of the following is considered as the most important factor for success of a business?
Options:
Marketing
Production
Finance
Human Resource Management
Correct Answer:
Finance
Explanation:
'Production', 'Marketing', and Financing', deemed as the most important factors for any business survival. However, "Financing" is rated as the first because nothing can be done without money.Thus, the most critical element for success in business is 'Finance'.