Question

A key challenge in resource mobilisation for new startups is often a lack of 'social capital'. What does this term refer to?

• A. The network of relationships, trust, and influence that can be leveraged.
• B. The availability of physical assets and collateral for loans.
• C. Government grants and subsidies specifically for startups in Kerala.
• D. The ability to attract and retain skilled labor within the state.

Answer 1

Answer:

A. The network of relationships, trust, and influence that can be leveraged.

• Social capital refers to the value of a person's social networks, which can be leveraged for various purposes, including gaining trust and securing resources.