Owners are usually risk averse and may prefer conservative courses of action that minimize their chances of loss.

Name: Owners are usually risk averse and may prefer conservative courses of action that minimize their chances of loss.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Owners often have a significant financial investment in their business and may have personal guarantees on loans or leases, making them risk averse. They may prefer conservative courses of action that minimize their chances of loss.

Owners Are Usually Risk Averse and May Prefer Conservative Courses