Entrepreneurs undertakea. Calculated risksb. High risksc. Low risksd. Moderate and calculated risks
Answers
Answer:
The correct answer to the given question is option (b) High risks.
Explanation:
The entrepreneurs risk their finances and their career in order to start their own business and to become self-sufficient. The risk taken by the entrepreneur is a financial risk and also career-related risk. These can be quite risky for anyone while choosing their careers.
Entrepreneurship is a high-risk business as it demands a lot of time, hard work and a sufficient amount of funds for starting it.
Explanation:
Entrepreneurs undertake High risks in order to get high profit returns. An entrepreneur supplies risk capital as a risk taker,controls and monitors the business activities. Entrepreneurs are usually a single owner, a partner, or one who owns majority of the shares in a joint venture. The business persons or entrepreneurs work on an idea or concept to get high profit returns or we can say long run return but it is to note that in order to get high returns they need to take high risk as well.