In the context of risk tolerance, most new business owners must set their risk tolerance based on the average level of risk in their specific market or industry.

Question

Quizplus · Accepted Answer

Risk tolerance is subjective and varies from one business owner to another, depending on their financial situation, business goals, personal comfort with risk, and other factors, rather than being solely based on the average level of risk in their market or industry.

In the Context of Risk Tolerance, Most New Business Owners