Question

Select the correct answer from each drop-down menu.

Anita is an entrepreneur who is interested in starting a hair salon. Anita consulted her friend Ali, who is a businessman, to get some business advice. Ali advised Anita to calculate the total she will need to raise. He advised her to choose a where she can find skilled labor and plenty of clients. He also advised her to figure out the for every piece of equipment she buys for the salon.

Answer 1

Answer: 1. Capital

2. Set of service

3. Total cost of ownership

Step-by-step explanation:

1. Capital

Capital in this case refers to the fund that Anita will require for the business. It is important for one to know the amount that will be needed to run a business.

2: Set of Services

Set of services simply refers to what what Anita intends to provide. It is important for her to choose a set of service where she can easily find skilled labor and plenty of clients so that there'll be smooth running of the business.

3: Total Cost of Ownership

Total cost of ownership here refers to the financial estimate of the equipment that she buys.