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Entrepreneurship · 2023 · 3 marks

CBSE 2023 · Central · Set 4 · Q29

(a) Give the meaning of ‘cash conversion cycle’. How does the nature of business influence its cash conversion cycle? Explain with the help of a…

(a)
Give the meaning of ‘cash conversion cycle’. How does the nature of business influence its cash conversion cycle? Explain with the help of a diagram.
OR
(b)
‘Angel Investment’ not only brings in funds but also an invaluable mentor to the business.
In the light of this statement state any three features of angel investors.

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