read the passage. then answer the question that follows. nate works for a chain of grocery stores, but he is…

read the passage. then answer the question that follows. nate works for a chain of grocery stores, but he is unhappy with the company he works for. he is unhappy because there is nowhere in his town to buy organic fruits and vegetables, yet the company he works for refuses to carry organic products. he decides to quit his job and uses all of the money he has saved to start his own organic grocery store in his neighborhood. why is this business venture especially risky for nate? a. he plans to open a business in an unknown area. b. he plans to enter a market that is already saturated. c. he could potentially lose all of his personal savings. d. he could have to work long hours at his new store.

read the passage. then answer the question that follows. nate works for a chain of grocery stores, but he is unhappy with the company he works for. he is unhappy because there is nowhere in his town to buy organic fruits and vegetables, yet the company he works for refuses to carry organic products. he decides to quit his job and uses all of the money he has saved to start his own organic grocery store in his neighborhood. why is this business venture especially risky for nate? a. he plans to open a business in an unknown area. b. he plans to enter a market that is already saturated. c. he could potentially lose all of his personal savings. d. he could have to work long hours at his new store.

Answer

Brief Explanations:

Nate uses all his savings to start the business. If it fails, he will lose all that money, which is a major risk. The area is his neighborhood (not unknown), and the passage implies the market isn't saturated as there's no organic grocery store. Working long - hours is a common aspect of business but not the most significant risk here.

Answer:

C. He could potentially lose all of his personal savings.