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Along with opportunity, what does a successful entrepreneur consider?

Answer and explanation

Correct answer: Risk and resources

Direct answer: Option A, risk and resources. Finding an opportunity is only the beginning of entrepreneurship. The entrepreneur must ask what risks may occur and whether the necessary money, materials, skills, workers, time and equipment are available. The reasoning is: identify an opportunity, study its possible risks, check available resources, plan the work, and then act. Option A is correct because opportunity, risk assessment and resource planning work together. Option B is wrong because rest alone cannot turn an opportunity into a business. Option C is wrong because luck may affect events, but successful work cannot depend only on luck. Option D is wrong because copying alone does not show planning, originality or understanding of customers. A careful entrepreneur accepts reasonable risk after examining facts. Memory cue: opportunity needs resources and risk planning.

Related tags

Home-ScienceEntrepreneurshipOpportunity-Risk

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