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Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipResource Mobilization3 Marks
Question
Financial planning requires an entrepreneur to take certain decisions. State those decisions.
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Answer

The proper planning for procurement and disbursement of funds requires on the part of the entrepreneur to take the following decisions:
  1. The total amount of finance required for implementing qor the business plans.
  2. The forms and proportion of various securities to be used for collecting the desired amount.
  3. The policies of utilisation and administration of capital.

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