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Arrange the Process of Setting up a business in sequence: (A) Scanning the environment for entrepreneurial opportunities (B) Feasibility study an

Question

Arrange the Process of Setting up a business in sequence:
(A) Scanning the environment for entrepreneurial opportunities
(B) Feasibility study and preparation of Business plan
(C) Resource Mobilisation
(D) Development of Product/Idea
(E) Adaptation and Management of Growth
Choose the correct answer from the options given below:

(D), (A), (B), (C), (E)

(C), (A), (D), (B), (E)

(A), (B), (C), (D), (E)

(B), (C), (E), (D), (A)

Solution

Correct option is B

Process of Setting up a business:
(C) Resource Mobilisation
(A) Scanning the environment for entrepreneurial opportunities
(D) Development of Product/Idea
(B) Feasibility study and preparation of Business plan
(E) Adaptation and Management of Growth

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