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Why is it important for an entrepreneur to consider the nature and type of the activity when deciding about the required resources?
  • a)
    It helps in reducing the need for resources.
  • b)
    It determines the location of the business.
  • c)
    It ensures compliance with legal regulations.
  • d)
    It aligns resources with the specific needs of the activity.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Why is it important for an entrepreneur to consider the nature and typ...
Considering the nature and type of the activity when deciding about required resources is important because it helps align resources with the specific needs and objectives of the activity. This ensures that the resources are used efficiently and effectively.
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Why is it important for an entrepreneur to consider the nature and type of the activity when deciding about the required resources?a)It helps in reducing the need for resources.b)It determines the location of the business.c)It ensures compliance with legal regulations.d)It aligns resources with the specific needs of the activity.Correct answer is option 'D'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Why is it important for an entrepreneur to consider the nature and type of the activity when deciding about the required resources?a)It helps in reducing the need for resources.b)It determines the location of the business.c)It ensures compliance with legal regulations.d)It aligns resources with the specific needs of the activity.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why is it important for an entrepreneur to consider the nature and type of the activity when deciding about the required resources?a)It helps in reducing the need for resources.b)It determines the location of the business.c)It ensures compliance with legal regulations.d)It aligns resources with the specific needs of the activity.Correct answer is option 'D'. Can you explain this answer?.
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