INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
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Disadvantage:Financial Risk
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Wealth
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Time
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Success/Happiness
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Success/Control
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Explanation:
Detailed explanation-1: -Disadvantages. Can Create Catastrophic Result: In the case of government, Financial Risk leads to defaulting bonds and other debt from financial institutions, which can cause long-lasting damage to the country and the global economy.
Detailed explanation-2: -Based on this, financial risk can be classified into various types such as Market Risk, Credit Risk, Liquidity Risk, Operational Risk, and Legal Risk.
Detailed explanation-3: -High Expense Ratios and Sales Charges. Management Abuses. Tax Inefficiency. Poor Trade Execution. Volatile Investments. Brokerage Commissions Kill Profit Margin. Time Consuming. 10-Jun-2017
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