Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Explore a wide array of topics and find reliable answers from our experienced community members.

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