Arrange the steps for creating a rentable property from finance to revenue. (i) Site (ii) Plan (iii) Rent (income) (iv) Money (capital) (v) Building
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A(iv), (i), (ii), (v), (iii)
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B(iii), (iv), (ii), (v), (i)
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C(ii), (iii), (v), (i), (iv)
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D(i), (ii), (iii), (v), (iv)
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E(iv), (ii), (i), (v), (iii)
Answer
Correct Answer: (iv), (i), (ii), (v), (iii)
Explanation
Introduction / Context:This is a process ordering question for real-estate development, moving from capital to monetization.
Given Data / Assumptions:
- Money (iv) provides capital.
- Site (i) must be procured.
- Plan (ii) is prepared/approved.
- Building (v) is constructed.
- Rent (iii) flows after completion.
Concept / Approach:Follow financial commitment → asset acquisition → design → construction → revenue.
Step-by-Step Solution:1) (iv) Money enables the project.2) (i) Acquire/secure site.3) (ii) Prepare and approve plan.4) (v) Construct building as per plan.5) (iii) Let out the property to earn rent.
Verification / Alternative check:Revenue cannot precede existence of the building; planning cannot occur without a site context.
Why Other Options Are Wrong:Orders starting with rent or plan before site ignore practical dependencies.
Common Pitfalls:Assuming rent can be earned during construction; confusing financial sequencing.
Final Answer:(iv), (i), (ii), (v), (iii)