ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Risk means to take educated guess.
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Risk tells you to hide.
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Risk is the chance of financial loss.
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Risk is never a chance of harm or loss.
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Detailed explanation-1: -What Is Financial Risk? Financial risk refers to the likelihood of losing money on a business or investment decision. Risks associated with finances can result in capital losses for individuals and businesses. There are several financial risks, such as credit, liquidity, and operational risks.
Detailed explanation-2: -Financial risk is the possibility of losing money on an investment or business venture. Some more common and distinct financial risks include credit risk, liquidity risk, and operational risk. Financial risk is a type of danger that can result in the loss of capital to interested parties.
Detailed explanation-3: -A financial risk is a form of risk that arises from an event and has an adverse impact on a person’s financial condition. In this life, nothing is without risk, especially when we talk about finances. There are many things that can just happen and threaten our financial stability.
Detailed explanation-4: -Pure risk is a category of risk that cannot be controlled and has two outcomes: complete loss or no loss at all. There are no opportunities for gain or profit when pure risk is involved. Pure risk is generally prevalent in situations such as natural disasters, fires, or death.