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A person begins without estimating costs or testing demand because risk-taking is considered the whole of entrepreneurship. Which myth is operating here?

Answer and explanation

Correct answer: An entrepreneur needs no preparation because of courage

Calculated risk is based on information and preparation. In exams distinguish courage from carelessness.

Related tags

Risk MythPlanningDemand TestingCost EstimationMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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