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FAQs on PPT: Resource Mobilization - Entrepreneurship Class 12 - Commerce

1. What is resource mobilization in commerce?
Ans. Resource mobilization in commerce refers to the process of acquiring and managing resources such as capital, labor, and technology to efficiently operate a business or organization.
2. Why is resource mobilization important in commerce?
Ans. Resource mobilization is crucial in commerce as it ensures that a business has the necessary resources to operate effectively, grow, and adapt to changes in the market.
3. How can businesses effectively mobilize resources in commerce?
Ans. Businesses can effectively mobilize resources in commerce by conducting thorough planning, setting clear goals, optimizing resource allocation, and leveraging technology to streamline operations.
4. What are some common challenges in resource mobilization in commerce?
Ans. Some common challenges in resource mobilization in commerce include limited access to capital, competition for skilled labor, changing market dynamics, and regulatory constraints.
5. How can businesses overcome resource mobilization challenges in commerce?
Ans. Businesses can overcome resource mobilization challenges in commerce by diversifying funding sources, investing in talent development, staying agile in response to market changes, and staying compliant with regulations.
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