5
QuizMultiple Choice

Entrepreneurship — Quiz

Question 5 • Economics

What is one way for an entrepreneur to decrease risk?

Answer
A
by maintaining personal flexibility
B
by developing reliable sources for materials
C
by mimicking popular products
D
by creating a strong business strategy

Explanation

A strong business strategy helps an entrepreneur plan for challenges, set priorities, and make informed decisions, which can reduce uncertainty and risk. The other choices may help in specific situations, but copying popular products or relying only on personal flexibility or material sources does not reduce business risk as broadly as a well-developed strategy.

AI-written and checked against the verified answer.

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