Practicing Success
Practicing Success
CUET Preparation Today
Which of the following is the correct process of setting up an enterprise? |
Resource mobilization-Scanning the environment for entrepreneurial opportunities-Development of product/service idea-Assessment of feasibility of the idea and preparation of a business plan-Appraisal by the funding agencies-Project Commissioning and launch-Adaptation and management of growth Scanning the environment for entrepreneurial opportunities-Appraisal by the funding agencies-Resource mobilization-Development of product/service idea-Assessment of feasibility of the idea and preparation of a business plan-Project Commissioning and launch-Adaptation and management of growth Scanning the environment for entrepreneurial opportunities-Assessment of feasibility of the idea and preparation of a business plan-Development of product/service idea-Appraisal by the funding agencies-Resource mobilization-Project Commissioning and launch-Adaptation and management of growth Resource mobilization-Scanning the environment for entrepreneurial opportunities-Appraisal by the funding agencies--Development of product/service idea-Assessment of feasibility of the idea and preparation of a business plan-Project Commissioning and launch-Adaptation and management of growth |
Resource mobilization-Scanning the environment for entrepreneurial opportunities-Development of product/service idea-Assessment of feasibility of the idea and preparation of a business plan-Appraisal by the funding agencies-Project Commissioning and launch-Adaptation and management of growth |
The correct answer is Option 1 The process of setting up a business is as under: 1)Resource mobilization 2)Scanning the environment for entrepreneurial opportunities 3)Development of product/service idea 4)Assessment of feasibility of the idea and preparation of a business plan 5)Appraisal by the funding agencies 6)Project Commissioning and launch 7) Adaptation and management of growth |
