Entrepreneurial Risk & Uncertainty
CMAT 2023 · Innovation & Entrepreneurship · Easy · Innovation & Entrepreneurship
Entrepreneurs have to deal with:
- A.
internal uncertainties only
- B.
external uncertainties only
- C.
Both external and internal uncertainties
- D.
Neither external nor internal uncertainties
Answer
C
Explanation
Entrepreneurs face both internal uncertainties (management, team, technical feasibility) and external uncertainties (market dynamics, regulations, competition).
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