The 'Promotion Stage' of a company begins with the ___________.

Conception of an idea about some business activities

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Translation of the idea into a reality

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Discovery and investigation of business opportunities

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Planning and assembling of all resources

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Solution

The correct option is A Conception of an idea about some business activities
Formation of a company is a lengthy process. There are major 4 stages to conceptualize the formation of a company:

Promotion stage
Registration stage
Capital subscription stage
Commencement of business stage.

Promotion starts with the conceptions of an idea from which the business is to evolve and continue down to the point at which the business is ready to begin operations.

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Similar questions

Mr. Mohan conceived an idea to start a garment business. He consulted a Company Secretary to get the details. The Company Secretary helped listing down Mr. Mohan’s function in the process of starting up the business. Explain briefly the functions of a promoter.

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Q. Who conceives the idea of a business?

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