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Subjects
Class 11Home ScienceWork, Livelihood and CareerEntrepreneurship: definition and characteristicsExpertLevel 48

In which situation will an entrepreneur's risk strategy be considered immature?

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Answer and explanation

Correct answer: Taking a large loan on temporary demand and expanding immediately

Large investment on temporary demand is an unbalanced risk. In exams, check demand stability before expansion.

Tags

risk strategyloantemporary demand

Frequently asked questions

What is the correct answer to this question?

Taking a large loan on temporary demand and expanding immediately

Why is this the correct answer?

Large investment on temporary demand is an unbalanced risk. In exams, check demand stability before expansion.

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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