A prospective entrepreneur is evaluating the suitability of his own characteristics for an entrepreneurial career.He realizes that he should be prepared to assume:
A)moderate risks.
B)no risks--that is,he should plan to operate conservatively.
C)risks similar to those a gambler assumes in Las Vegas.
D)psychological risks but not financial risks.

Question

Quizplus · Accepted Answer

Entrepreneurship requires a willingness to take on moderate risks. Operating too conservatively could limit growth and opportunities for success, while taking on extreme risks similar to those of a gambler could result in major financial losses. However, it is important to note that entrepreneurs do face some psychological risks, such as uncertainty and stress.

A Prospective Entrepreneur Is Evaluating the Suitability of His Own