Taking calculated risk in a new business shows which quality?
Answer and explanation
Correct answer: Risk-taking ability
An entrepreneur does not take blind risk but calculated risk. Exam tip: remember calculated risk.
Frequently asked questions
What is the correct answer to this question?
Risk-taking ability
Why is this the correct answer?
An entrepreneur does not take blind risk but calculated risk. Exam tip: remember calculated 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.