XYZ company has been in the toys business for more than 10 years. XYZ is a...

 

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XYZ company has been in the toys business for more than 10 years. XYZ is a reputable company and has a very strong brand name. However, the competition increased in the last 5 years forcing XYZ to invest on creating unique and novel toys in order to retain its current customers and attract new ones. In the above case XYZ used its capital for Business start-up Paying short-term expenses Purchasing of fixed assets O Business-expansion 5 points XYZ company has been in the toys business for more than 10 years. XYZ is a reputable company and has a very strong brand name. However, the competition increased in the last 5 years forcing XYZ to invest on creating unique and novel toys in order to retain its current customers and attract new ones. In the above case XYZ used its capital for Business start-up Paying short-term expenses Purchasing of fixed assets O Business-expansion 5 points

Answer rating: 100% (QA)

The right option is d Explanation Reason for the answer 1 Business Startup It refers to the first ph... View the full answer