The entrepreneurial process consists of the following steps
1. Management of the resulting enterprise.
2. Determination of the required resources.
3. Identification and evaluation of the opportunity.
4. Development of the business plan.
Indicate the correct sequence
The following two statements related to industrial sickness. Choose the correct the statements. Statement I The Sick Industrial Companies Act (SICA)was enacted to address a chronic problem of industrial sickness in the Indian economy. Statement II SICA defined a sick industrial unit as one that had existed for atleast three years and had incurred accumulated losses equal to its entire net worth at the end of any financial year.
Industrial Reconstruction Bank of India (lRBI) which was reconstituted into a full fledged all purpose developmental financial institution with effect from 27th March, 1997 was renamed as
Which of the following are internal factors for sickness as per SICA Act?
1. Inappropriate management
2. Lack of marketing management
3. Lack of funds
4. Production constraints
5. Lack of Human Capital
Select the correct answer