BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ Business risks can be ____
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avoided
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reduced
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. ignored.
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. erased.
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Explanation:
Detailed explanation-1: -Having a business plan, watching your cash flow and getting the right types of insurance in place are all important ways to reduce business risk.
Detailed explanation-2: -Business risk cannot be entirely avoided because it is unpredictable. However, there are many strategies that businesses employ to cut back the impact of all types of business risk, including strategic, compliance, operational, and reputational risk.
There is 1 question to complete.