Risk taking

what is the concept of risk?

• risk is whatever may stand in the way of the success,

  and is currently unknown or uncertain

• risk a possible negative impact to an asset or same value

  characteristic that could result from an active procedure or

  future event.

• risk is a possibility of something bad happening

what do internal risk mean?

• risk which arise from the events taking place within the business enterprise

• risk which arise from the events taking place within the vendors

• risk which arise from the events taking place within the factory

which internal risk factor exist?

• economic factor

• natural factor

• human factor

how much type of business risk?

• 5

• 3

• 2

how to make calculated risks? arrange the answer below.

• Create steps, identify risk, document the decision

• Identify risk, create steps, document the decision

• Document the decision, identify risk, create steps

Which type of entrepreneur is willing to take personal financial risks

but is not profit-driven?

• Risk avoiding Activity seeking

• Risk accepting Activity seeking

• Risk avoiding Profit seeking

• Risk accepting Profit seeking

Which type of entrepreneur is motived by desire to

create something new and innovative?

• Risk avoiding Activity seeking

• Risk accepting Activity seeking

• Risk avoiding Profit seeking

• Risk accepting Profit seeking

What is the importance of risk taking in entrepreneurship?

• Losing and give up

• Gaining competitive advantage

• Learning and losing

• Learning and adaptability

what is the risks of being an entrepreneur?

• Work life balance

• Live without fear of failure

• Uncertainty and stress

• Financial balance

What market risks refer to:

• Market changing

• Changes in the sector

• Observe marketer

• Ability to change and adapt