Answered

Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

What is one way for an entrepreneur to decrease risk?

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


Sagot :

Final answer:

Entrepreneurs can decrease risk by creating a strong business strategy.


Explanation:

Creating a strong business strategy is one way for an entrepreneur to decrease risk. By developing a comprehensive plan that addresses potential challenges and opportunities, an entrepreneur can minimize risks and increase the chances of success. A strong business strategy involves setting clear goals, understanding the target market, analyzing competitors, and adapting to changes in the business environment.


Learn more about entrepreneurship here:

https://brainly.com/question/43182933


We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.