Which statement shows the correct form of risk-taking by an entrepreneur?
Answer and explanation
Correct answer: Taking controlled risk based on information
An entrepreneur takes risk after calculation. In exams, distinguish blind courage from thoughtful risk.
Frequently asked questions
What is the correct answer to this question?
Taking controlled risk based on information
Why is this the correct answer?
An entrepreneur takes risk after calculation. In exams, distinguish blind courage from thoughtful 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.