In which situation will an entrepreneur's risk be considered careless?
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Answer and explanation
Correct answer: Investing all capital without information
Large investment without information is careless risk. Exam tip: remember the difference between blind and planned risk.
Frequently asked questions
What is the correct answer to this question?
Investing all capital without information
Why is this the correct answer?
Large investment without information is careless risk. Exam tip: remember the difference between blind and planned risk.
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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