”Live and License” is not a recognized business organization form. Common forms include Sole Proprietorship, Partnership, Private Limited Company, and others that have specific legal structures and implications.
| List I | List II |
| (A) Manager | (1) Value addition |
| (B) Retailer | (II) Gets the work done |
| (C) Entrepreneur | (III) Works on existing business model |
| (D) Business Man | (IV) Calculate risk taking |
| List I | List II |
| (A) Plant and Machinery Records | (1) Design thinking |
| (B) Profit Statements | (II) Technical feasibility |
| (C) Creativity and Innovation | (III) Financial feasibility |
| (D) Empathize | (IV) Business ideation |