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Which option shows balanced risk-taking by an entrepreneur?

Answer and explanation

Correct answer: Trying something new with information, planning, and limited investment

Balanced risk-taking combines initiative with evidence and safeguards. The entrepreneur studies the opportunity, plans the trial, limits the amount committed, and observes results before scaling up. This does not remove uncertainty, but it keeps a possible loss manageable and creates learning. Investing all savings, expanding without demand knowledge, or blindly borrowing and copying shows speculation rather than informed entrepreneurial risk-taking.

Related tags

Balanced-RiskPlanningBusiness RiskBusinessTrade And CommerceBusiness Trade And CommerceBusiness StudiesClass 11 Mcq

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