Which of the following statements is true about new venture risk-taking:*1 pointWhen an entrepreneur seeks a high profit, the risk is usually higher.When the entrepreneur seeks to limit risk, the reward tends to increase.An entrepreneur's financial risk is not closely related to rewards.The entrepreneur who does not care about profit is a high risk-taker.

Being an entrepreneur involves risks as well as rewards.  Which of the following is a risk of being an entrepreneur? Responsesuncertain income uncertain income creativity creativity decision-makingdecision-makingflexibility

Explain one risk for an entrepreneur when starting a new business

All successful entrepreneurs are risk-takers. If Tom is a successful entrepreneur, what can be inferred about Tom's willingness to take risks?Tom takes risks.Tom takes many risks.No conclusion can be drawnTom takes calculated risks.

The risks that the entrepreneur takes in  starting and  or operating their own business are varied.Group of answer choicesTrueFalse

Starting a business can be risky, but it depends on the opportunity c of the entrepreneur's time. If they would be unemployed otherwise, then what looks like risk may actually be a benefit or a reward.