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An entrepreneur tests a service with limited customers before making a large investment. Which myth does this disprove?

Answer and explanation

Correct answer: Entrepreneurs take large risks without testing

Testing provides information and may reduce possible loss. In exams distinguish calculated risk from blind risk.

Related tags

Risk MythService TestingInvestmentCalculated RiskMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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