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Which of the following qualities best demonstrates an entrepreneur's ability to take risks?

Answer and explanation

Correct answer: Making a considered investment in a new product based on market information

Entrepreneurial risk-taking means making decisions under uncertainty after assessing available market information, not spending recklessly. Hence, a considered new-product investment is correct. Exam tip: choose options that combine risk with planning.

Related tags

EntrepreneurshipEntrepreneurial CharacteristicsRisk TakingBusiness Decision MakingHome ScienceClass 12Entrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And Characteristics

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