INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Two categories of risks most commonly faced by business are
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countable and uncountable risks
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controllable and uncontrollable risks
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limited and unlimited risks
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None of the above
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Explanation:
Detailed explanation-1: -Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Detailed explanation-2: -Common business risks include: market acceptance, time-to-Market, incompatible product fit, difficult-to-sell and loss of political support. Use this list of the top 50 business risks to identify the risks that you may face in your business.
Detailed explanation-3: -The usual suspects: market and economic forces. Cultural differences. Extreme weather events and natural disasters. Legal challenges. Political risk factors. Purchasing power parities.
There is 1 question to complete.