For the following questions answer them individually
Document that projects the income, expenses, and profits of a business over a multi-year period
Given below are two statements:
Statement I : ‘Diversification’ means adding new lines of business.
Statement II : Differentiation means creating specialized products that gain competitive advantage with a particular segment of the market.
In light of the above statements, choose the correct answer from the options given below
Which of the following terms appropriately refers to the attractive idea that an entrepreneur invests in?
A professional or manager who takes a new initiative for his/her organisation and establish a new distinct business unit for the same organisation can appropriately be referred as:
Given below are two statements:
Statement I : Ideas should not be examined for their reallife use and application.
Statement II : Business opportunity can be described as an economic idea that can be implemented to create business enterprises and earn profits.
In light of the above statements, choose the correct answer from the options given below