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Resource Mobilization — Entrepreneurship STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipResource Mobilization3 Marks
Question
How need of financial resources helps an entrepreneur?
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Answer

  • Finance is one of the important prerequisites to start an enterprise.
  • It helps an entrepreneur to arrange all other required resources together like, personnel, machines, materials, methods, land, etc. to startup the business systematically.
  • It helps an entrepreneur to start his business activities smoothly and convert a dream into reality.

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