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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. While Selecting the Place of Business _______ is Important. - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence.
While selecting the place of business _______ is important.

Options

  • locality

  • region

  • capital

MCQ

Solution

While selecting the place of business locality is important.
Explanation:
Availability of raw material, labor, modes of transportation and other facilities are important for any business. Thus, while selecting the place of business, it is important to consider the locality and ensure that all these components are easily available.

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Basic Factors of Starting a Business
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Chapter 1: Forms of Business Organisations - Select the proper option [Page 37]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 28 | Page 37
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