It is true that capital gains refer to profits from the sale of investments.
Answer: B
Before any actual work is begun you need to have a formal application so there’s something to be worked with.
Answer: market development
Explanation: In simple words,market development refers to the strategy in which a firm tries to cover new market or increase its sales in the existing market through promotion or product development etc.
These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.
Hence from the above we can conclude that the correct option is B.
