M7

Question 1

What risk comes from external factors like economic changes and competition?

Answer 1

MARKET RISK

Question 2

What risk arises when competitors try to limit a business’s success?

Answer 2

COMPETITIVE RISK

Question 3

What reward allows entrepreneurs to align their business with personal goals?

Answer 3

CAREER FULFILLMENT

Question 4

Which risk can result in fines, penalties, or legal trouble for a business?

Answer 4

LEGAL AND REGULATORY RISK

Question 5

When employees make mistakes in daily operations, what risk is involved?

Answer 5

OPERATIONAL RISK

Question 6

What advantage does entrepreneurship offer in terms of time management?

Answer 6

WORK-LIFE BALANCE

Question 7

What is one of the most common risks in entrepreneurship?

Answer 7

FINANCIAL RISK

Question 8

What reward allows entrepreneurs to have full control over business decisions?

Answer 8

COMPANY CONTROL

Question 9

What type of risk occurs when customers are unhappy with a product or service?

Answer 9

CUSTOMER OR USER RISK

Question 10

What reward is gained when an entrepreneur learns to manage and inspire a team?

Answer 10

LEADERSHIP EXPERIENCE