Answered: One can argue that an entrepreneur…

One can argue that an entrepreneur should have a risk-taking ability. Briefly explain two types of risks that you think will affect your business.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

One can argue that an entrepreneur should have a risk-taking ability. Briefly explain
two types of risks that you think will affect your business.
Tip: You may conduct desktop research on businesses closely related to your own in
order to identify types of risks that will most likely affect your business

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