Arrange the following steps involved in setting up a business in a logical order. (A) Resource Mobilisation (B) Development of Product/Service idea (C) Environmental scanning for entrepreneurial opportunities (D) Assessment of feasibility of the idea and preparation of a business plan Choose the correct answer from the options given below:
✅ Correct Option: 4
**Correct Answer: 4 → (A), (C), (B), (D)** * **(A) Resource Mobilisation** Considered as **initial readiness** (skills, knowledge, access to resources), not full deployment. * **(C) Environmental Scanning** Identify **market opportunities** using available resources. * **(B) Development of Idea** Convert opportunity into a **product/service idea**. * **(D) Feasibility & Business Plan** Evaluate viability and **prepare business plan**. This is the correct according to NTA
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