What necessary precautions an entrepreneur has to take in order to establish an enterprise?
GeneralClass 11CBSEAnswered 23 Jun 2026
Answer
In establishing an enterprise, the entrepreneur might have to seek:
- legal opinions
- governmental permission
- clearance from various agencies
He has to formalise several ideas and put them into action. He has to exhibit a keen acumen, sharp intellect, patience and interpersonal skills in the task of establishing the enterprise.
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