If an entrepreneur takes every decision without information, what is the main risk?
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Answer and explanation
Correct answer: Wrong decision and loss
Decisions without information increase chances of loss. Exam tip: treat fact-based decision as necessary.
Frequently asked questions
What is the correct answer to this question?
Wrong decision and loss
Why is this the correct answer?
Decisions without information increase chances of loss. Exam tip: treat fact-based decision as necessary.
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.
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