Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

when referring to risk, which statement is reasonable? multiple choice …

Question

when referring to risk, which statement is reasonable? multiple choice 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 opportunities. taking risk is never advisable, if a business wants to ensure it maintains profits.

Explanation:

Brief Explanations

In business, calculated risks can lead to high - returns. A business cannot always turn a profit despite risk - taking. Also, least - risky ventures don't always yield more profit, and completely avoiding risk is not practical for growth.

Answer:

C. Sizeable risks can lead to substantial profits, if the business takes calculated risks and captures good opportunities.