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Which is the best example of taking a calculated risk as an entrepreneur?

Answer and explanation

Correct answer: Launching a limited quantity after studying the market

A calculated risk is taken after gathering information and considering possible outcomes. Studying the market and launching a limited quantity lets the entrepreneur test customer response while limiting the resources at risk. Production can then be adjusted based on what is learned. Therefore, D is correct.

Related tags

Calculated RiskMarket ResearchIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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