ENTREPRENEURSHIP

Detailed explanation-1: -Entrepreneurs are considered moderate risk-takers because they do not consider the risk ambiguity if there is a chance or opportunity for success or bigger profits. However, moderate risk takers calculate and analyze the risks involved against the profits they will receive before engaging in a business or project.

Detailed explanation-2: -Moderate Risk Takers: These types of investors would like to take reasonable risk, i.e. they like to go on a balanced approach. They would always like to grow their portfolio by taking some risks, but would not want the risk of losing everything.

Detailed explanation-3: -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-4: -Risk-taking is an important part of entrepreneurship and business. Risk-taking is defined as trying out something new when the results are largely unknown. A risk-taker is someone who will risk everything in the hope of achieving their goals.