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An entrepreneur tests demand on a small scale before investing all capital. Which myth does this disprove?

Answer and explanation

Correct answer: Entrepreneurs take large risks without calculation

Entrepreneurs can assess and manage risk. In exams distinguish calculated risk from blind risk.

Related tags

Risk MythDemand TestingCalculated RiskCapitalMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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