Question: QUESTION 2 [ 2 5 MARKS ] a . Explain how an entrepreneur would benefit from incorporating a risk management approach in their business. (

QUESTION 2[25 MARKS]
a. Explain how an entrepreneur would benefit from incorporating a risk management approach in
their business. (10 marks)
b. Discuss how scenario building can be used as an important tool in risk management. In your
answer, show steps that are required to build a scenario. (15 marks)

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