Question
Innovation & Entrepreneurship Question on Entrepreneurship: Concept, Functions and Need
Given below are two statements:
Statement: An entrepreneur can get a lot of quality information about competitors from company reports and its website.
Statement II: First step to avail finance for a new project is Promoter's Biodata.
In the light of the above statement, choose the correct answer from the options given below:
A
Both Statement I and Statement II are true
B
Both Statement I and Statement il are false
C
Statment I is true but Statement Il is false
D
Statement I is false but Statement II is true
Answer
Statment I is true but Statement Il is false
Explanation
Solution
The correct option is (C):Statment I is true but Statement Il is false .