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Standard XI
Business Studies
Question

Which of the following are risks for entrepreneurs in small business?
  1. Interference with personal lives
  2. Psychological stress
  3. Social and family pressure
  4. All of the above

A
Interference with personal lives
B
All of the above
C
Psychological stress
D
Social and family pressure
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Solution
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Following are the risk for entrepreneurs in small business-
  • Abandoning the steady paycheck.
  • Sacrificing personal capital.
  • Relying on cash flow.
  • Estimating popular interest.
  • Trusting a key employee.
  • Betting on a crucial deadline.
  • Donating personal time
  • Psychological stress
  • Social and family pressure

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