ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An activity or action that will maximize use and turn into a benefit.
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Exploit
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Clarify
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Secondary Research
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Experiential
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Explanation:
Detailed explanation-1: -Exploiting a positive risk means acting in ways that will help increase the chances of it occurring. If you’re hoping for additional project funding, following up and pleading your case can help exploit the risk.
Detailed explanation-2: -The five basic strategies to deal with negative risks or threats are Escalate, Avoid, Transfer, Mitigate and Accept.
There is 1 question to complete.