Entrepreneurs invest time and money in a business in spite of the fact
QUESTION
Entrepreneurs invest time and money in a business in spite of the fact that it may not make a profit. In business terminology, what is this situation known as?
A) uncertainty
B) risk
C) venture
D) liability
E) jeopardy
ANSWER
Answer: B
Explanation: B) Entrepreneurs face the risk that their business might fail to make a profit.
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.