ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.
Detailed explanation-2: -An entrepreneur who regularly launches new businesses, sells them and then starts new companies is a serial entrepreneur. Whether a business owner should be considered an entrepreneur often depends on whether they created the business, and other legalities.
Detailed explanation-3: -entrepreneurship. accepting the risk of starting and running a business.
Detailed explanation-4: -Job Satisfaction. Doing something you’re passionate about. You get to be your own boss. You can give back to your community. You can choose and build your team. The opportunity to pass your business down to friends and family. Market Risks. More items •11-Nov-2019