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An entrepreneur has two options. The first offers higher profit with higher risk, while the second offers moderate profit with stable demand. What is the most appropriate decision-making process?

Answer and explanation

Correct answer: दोनों विकल्पों के जोखिम, लाभ और संसाधन आवश्यकताओं की तुलना करना

A sound entrepreneurial decision should not be based on profit alone. The entrepreneur should compare the expected return, level of risk, available resources, market demand, and ability to manage possible losses for both options. The best choice depends on the business situation and capacity. Option A ignores risk, C replaces analysis with personal opinion, and D avoids responsible decision-making.

Related tags

Decision-MakingRisk-ReturnEntrepreneurshipIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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