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A person rejects every uncertain opportunity and growth stops. This shows the limitation of which myth?

Answer and explanation

Correct answer: Successful entrepreneurs completely avoid every risk

Direct answer: B. The situation challenges the myth that successful entrepreneurs completely avoid every risk. Entrepreneurship always involves uncertainty, but sensible entrepreneurs do not jump blindly into danger. They identify risks, estimate their possible effect, gather information, test a small version, make a backup plan and then take a calculated risk when the possible opportunity is worthwhile. Option A is wrong because not every opportunity is profitable; an opportunity must be evaluated. Option B is correct because complete risk avoidance can make a person reject useful opportunities and stop growth. Option C is wrong because many risks can be studied, reduced and monitored, even though they cannot be predicted perfectly. Option D is wrong because growth may also come from skills, customers, teamwork, innovation and good decisions, not only capital. Memory cue: manage risk; do not pretend that all risk can be removed.

Related tags

Risk Avoidance MythGrowthOpportunityUncertaintyMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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