What is the correct entrepreneurial meaning of taking risk?
Answer and explanation
Correct answer: जानकारी और योजना के आधार पर संभावित हानि को संभालते हुए निर्णय लेना
Entrepreneurial risk-taking is a calculated willingness to commit resources when outcomes are uncertain. It requires gathering information, estimating possible gains and losses, preparing alternatives, and complying with applicable rules. It is not careless spending, illegal action, or passive acceptance of every loss as fate; planning helps manage but cannot remove all risk.
Frequently asked questions
What is the correct answer to this question?
जानकारी और योजना के आधार पर संभावित हानि को संभालते हुए निर्णय लेना
Why is this the correct answer?
Entrepreneurial risk-taking is a calculated willingness to commit resources when outcomes are uncertain. It requires gathering information, estimating possible gains and losses, preparing alternatives, and complying with applicable rules. It is not careless spending, illegal action, or passive acceptance of every loss as fate; planning helps manage but cannot remove all risk.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce. Topic: Business Risk.
