when entrepreneurs analyze risks, they ______. must avoid weighing the options should consider opportunity…
when entrepreneurs analyze risks, they ______. must avoid weighing the options should consider opportunity cost should focus on one single best option must think about what others would do
Answer
Brief Explanations:
When analyzing risks, entrepreneurs need to consider the value of the next - best alternative forgone, which is opportunity cost. Avoiding weighing options is unwise. Focusing on a single best option ignores other possibilities, and thinking about what others would do is not the core of risk - analysis.
Answer:
should consider opportunity cost