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Paper 1 · November 2019 · entrepreneurship

Which of the following best describes a successful enterpriser?

Atakes calculated risks
Bwaits for government help
Ccopies whatever rivals do
Davoids every business risk

Explanation

An enterpriser does not gamble and does not sit still. The successful ones weigh the likely gain against the likely loss, gather what information they can, and then commit, which is what a calculated risk means.

Derived from ZIMSEC Business Enterprise Skills Paper 1, Nov 2019, Q1

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