INTRODUCTION TO ENTREPRENEURSHIP
TYPES OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is most likely to have a negative effect on domestic small-businesses
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Involuntary tax reductions
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Restrictive loan policies
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Low interest rates
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Slow inflation
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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: -Entrepreneurs face a substantial risk of failure, and the costs are sometimes borne by taxpayers. In the medium term, entrepreneurial activities may lead to layoffs if existing firms close. A high level of self-employment is not necessarily a good indicator of entrepreneurial activity.
There is 1 question to complete.