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

Which risk can come along with profit in a new business?

Answer and explanation

Correct answer: Possibility of loss

Business has chances of both profit and loss. Exam tip: understand risk as calculated risk.

Tags

home-scienceentrepreneurshipbusiness-risk

Frequently asked questions

What is the correct answer to this question?

Possibility of loss

Why is this the correct answer?

Business has chances of both profit and loss. Exam tip: understand risk 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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