Question

Explain the steps taken by promoters in the promotion of a company.

Answer 1

i) Identification of Business Opportunity The first step to be taken by a promoter is to identify a business opportunity. ... Usually the people signing memorandum are also the first Directors of the Company.

Answer 2

Answer:

Explanation:

The important steps taken by promoters in the promotion of a company are as follows (i) Identification of Business Opportunity The first step to be taken by a promoter is to identify a business opportunity.