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Class 11 Home Science Work, Livelihood and Career Entrepreneurship: definition and characteristicsEasyLevel 46

What type of risk does an entrepreneur prefer to take?

Answer and explanation

Correct answer: Calculated risk

An entrepreneur takes risk based on information and planning. Exam tip: understand risk-taking as calculated risk.

Tags

home-scienceentrepreneurshipcalculated-risk

Frequently asked questions

What is the correct answer to this question?

Calculated risk

Why is this the correct answer?

An entrepreneur takes risk based on information and planning. Exam tip: understand risk-taking as 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.

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