Pre-Test 1 (E.P.A.)

Tastes and preferences of consumers are not permanent. These are heavily influenced by innovations, and innovations are the products of technology.

• Capital

• Manpower

• Skills

• Technology

MONEY IS IMPORTANT TO PUTTING UP A BUSINESS ENTERPRISE.

• Capital

• Manpower

• Skills

• Technology

the entrepreneur should have the proper skills in the business he is going to undertake.

• Capital

• Manpower

• Skills

• Technology

Success of any business enterprise primarily depends in the efficiency of its employees. In putting up a business make sure that experts or trained personnel are available.

• Capital

• Manpower

• Skills

• Technology

It is not enough that there are sufficient buyers of goods and services. It is equally important that there are steady suppliers of raw suppliers and other inputs of the business.

• Capital

• Manpower

• Suppliers of Inputs

• Technology