Question

Mr.Peter is planning to start a clothing store, in a shopping mall. He will be hiring 4 salesmen, 2 tailors, and 1 designer for the store. Peter got a chance to join his friend and be a partner in a clothing firm but he chose not to.
The above-mentioned passage has a set of characteristics in starting a business. Choose the correct order.

• A. 1. Selecting the line of business. 2.Choice of forms of ownership. 3. Choice of location. 4. Size of the business.
• B. 1.Choice of forms of ownership. 2. Choice of location. 3. Size of the business. 4. Selecting the line of business
• C. 1. Selecting the line of business. 2. Size of the business. 3. Choice of forms of ownership. 4. Choice of location.
• D. 1. Selecting the line of business. 2.. Choice of forms of ownership. 3.Size of the business. 4. Choice of location.

Answer 1

The correct option is C

1. Selecting the line of business. 2. Size of the business. 3. Choice of forms of ownership. 4. Choice of location.

The characteristics that Peter has followed in starting a business are :

1. Selecting the line of business. 2. Size of the business. 3. Choice of forms of ownership. 4. Choice of location.