Because of uncertainty,it takes less time for an entrepreneur to make an investment decision that involves more sunk cost.

Question

Quizplus · Accepted Answer

Uncertainty increases the risk associated with an investment decision, leading to cautious and deliberate consideration of the costs and benefits involved. This may result in longer decision-making time, especially for investments with high sunk costs. Therefore, the statement is false.

Because of Uncertainty,it Takes Less Time for an Entrepreneur to Make