[Answer] When referring to risk which of the following statements is reasonable?a) Good business strategy encourages less risk because the least risky ventures usually make more profit.b) Sizeable risks can lead to substantial profits if the business takes calculated risks and captures good opportunities.c) Although risk means taking a chance a start-up will usually manage to get off the ground faster if the stakes are high.d) Although risk means taking a chance at losing your business is likely to always turn a profit.

Answer: b

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When referring to risk which of the following statements is reasonable?a) Good business strategy encourages less risk because the least risky ventures usually make more profit.b) Sizeable risks can lead to substantial profits if the business takes calculated risks and captures good opportunities.c) Although risk means taking a chance a start-up will usually manage to get off the ground faster if the stakes are high.d) Although risk means taking a chance at losing your business is likely to always turn a profit. b) Sizeable risks can lead to substantial profits if the business takes calculated risks and captures good opportunities. c ) Although risk means taking a chance a start-up will usually manage to get off the ground faster if the stakes are high. d ) Although risk means taking a chance at losing your business is likely to always turn a profit . Chapter 1 Quiz 1. When referring to risk which of the following statements is reasonable ? Although risk means taking a chance at losing your business is likely to always turn a profit . Good business strategy encourages less risk because the least risky ventures usually make more profit . Sizeable risks can lead to substantial profits if the business takes calculated risks and captures good ... Good business strategy encourages less risk because the least risky ventures usually make more profit . Sizeable risks can lead to substantial profits if the business takes calculated risks and captures good opportunities. Although risk means taking a chance a start-up will usually manage to get off the ground ...

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