An entrepreneur making a large investment only after a small test shows which approach?
Answer and explanation
Correct answer: Risk-controlled planning
A small test reduces the chance of major loss. Exam tip: link testing with risk management.
Frequently asked questions
What is the correct answer to this question?
Risk-controlled planning
Why is this the correct answer?
A small test reduces the chance of major loss. Exam tip: link testing with risk management.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.