1.1.2 Risk and Reward Flashcards

1
Q

Business Success

A
  1. Profit
  2. Personal Assets
  3. Self-satisfaction
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2
Q

Non-financial rewards

A
  1. Early Retirement
  2. Self-satisfaction
  3. Be your own boss
  4. Freedom with working hours
  5. Independance
  6. Reputation
  7. Environmental goals
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3
Q

Financial rewards

A

Profit

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4
Q

Risk taking disadvantages

A
  1. financial loss
  2. Business failure
  3. Lack of Security
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5
Q

Risk taking advantages

A
  1. High profit
  2. Self-satisfaction
  3. Independance
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