Question: Question 4 2 Points Every business faces risk. As a business owner, which of the following is the best approach to dealing with risk: Avoid
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Every business faces risk. As a business owner, which of the following is the best approach to dealing with risk:
Avoid all risk at any cost
Take every risk that you can. You are in business to take risks.
Expose yourself to risks where you expect to get a refing high enough to compensate you for the risk taking.
Take only those risks where you are guaranteed a good outcome.
Avoid those risks where you feel that there might be a bad outcome.
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