Although risk means taking a chance at losing, your business is likely to always

ID: 395166 • Letter: A

Question

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.

Although risk means taking a chance, a start-up will usually manage to get off the ground faster if the stakes are high.

When referring to risk, which of the following statements is reasonable?

Explanation / Answer

Risks doesn't always turn to profit or loss but if the risks can be profitable if the risks are calculated and can help capture good opportunities. Hence the correct option is c. Sizeable risks can lead to substantial profits, if the business takes calculated risks and captures good opportunities.

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Although risk means taking a chance at losing, your business is likely to always

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