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An entrepreneur studies possible gains and losses before investing. Which quality does this show?

Answer and explanation

Correct answer: Taking calculated risks

Taking a calculated risk means examining likely benefits, losses, uncertainty, and available resources before choosing an action. Entrepreneurs must accept some risk, but they should not act blindly. Patience, cooperation, and rule-following may help business conduct, yet they do not specifically describe analysing risk before investment.

Related tags

Calculated RiskRisk AnalysisQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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