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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.


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