Practice Mobilization of Resources - 2.4.4 | 2. Entrepreneurship | ICSE 11 Business Studies
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Mobilization of Resources

2.4.4 - Mobilization of Resources

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What are the three main types of resources entrepreneurs mobilize?

💡 Hint: Think about what is needed to start a business.

Question 2 Easy

What does 'capital' refer to?

💡 Hint: Consider funding sources like loans or investments.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

Which of the following is NOT a type of resource mobilization?

Capital
Labor
Equipment
Raw Materials

💡 Hint: Think about the fundamental resources needed to create a business.

Question 2

Resource mobilization contributes to which economic factor?

True
False

💡 Hint: How do businesses affect the economy?

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Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate a scenario where an entrepreneur lacks sufficient labor and raw materials. What strategies can they adopt to manage this shortage?

💡 Hint: Consider ways to fill gaps in workforce and supply chains.

Challenge 2 Hard

Create a detailed plan for an entrepreneur aiming to launch a new product. Outline how they will mobilize resources effectively.

💡 Hint: Think about the key phases of launching a product.

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