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In which situation can enterprise risk be reduced?

Answer and explanation

Correct answer: By keeping planning market information records and savings

The direct answer is A: risk can be reduced by planning, using market information, keeping records, and maintaining savings. Enterprise risk cannot be removed completely, but informed preparation can reduce avoidable loss. The reasoning is: planning identifies goals and possible problems; market information helps estimate customer demand and prices; records show income, expenses, stock, and debt; savings provide a cushion when sales fall or an emergency occurs. Option A is correct because these measures support informed decisions and financial resilience. Option B is wrong because investing without accounts hides costs and may cause uncontrolled loss. Option C is wrong because ignoring customer needs can reduce sales. Option D is wrong because reducing quality may damage trust, repeat business, and reputation. Memory cue: plan, know the market, record money, and save before expanding.

Related tags

Enterprise-RiskPlanningRecords

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