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Question : Arrange the following steps in the correct sequence of the life of a company :

(A) Commencement of Business

(B) Incorporation

(C) Promotion

(D) Floatation

Choose the correct answer from the options given below :

 

Option 1: (A), (B), (C), (D)

Option 2: (A), (C), (B), (D)

Option 3: (B), (A), (D), (C)

Option 4: (C), (B), (D), (A) 

 


Team Careers360 3rd Jan, 2024
Answer (1)
Team Careers360 10th Jan, 2024

Correct Answer: (C), (B), (D), (A)


Solution : Following is the correct sequence: 1. Promotion: Promoting a business entails coming up with a business idea and starting a firm on your own initiative. 2. Incorporation: Incorporation of a company means a legal process that is used to form a company or legal entity. 3. Floatation: A company gains a strong hold on both the primary and secondary markets when it goes public. It can aspire for greater development and raise more money for its business. 4. Commencement of Business: It refers to the point at which all procedures have been fulfilled and operations have begun.

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