Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

Business finance is that activity because it is concerned with the planning, fund raising, controlling and administering and managing of all the funds to be used in the business enterprises whether business is small or large. Enumerate two major of financial decision-making by an entrepreneur. The two major areas of financial decision-making, requires on part of entrepreneur to take the:

1. Funds requirement decision: It is concerned with the estimation of total funds required to start and run the business enterprise.
2. Financing decisions: It is concerned with the sources from which the funds are to be raised.