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Which analysis challenges the myth that taking risk means making decisions without thinking?

Answer and explanation

Correct answer: Entrepreneurs assess possible outcomes and take calculated risks

Calculated risk is based on information alternatives and assessment of possible loss. Distinguish risk from carelessness.

Related tags

Entrepreneurship MythsCalculated RiskDecision MakingMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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