The possibility of success or loss is the ..... an entrepreneur faces when decided start a business.

TYPES OF ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The possibility of success or loss is the ____ an entrepreneur faces when decided start a business.

A	growth
B	risk
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -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-2: -Insufficient marketing, a lackluster business plan or even the wrong legal structure can prevent your business from thriving. The reasons why many entrepreneurs fail early are endless, some being unique to the business owner.

Detailed explanation-3: -"An entrepreneur is one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying opportunities and assembling the necessary resources to capitalize on them."

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

TYPES OF ENTREPRENEURSHIP