BUSINESS HIGH SCHOOL

An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recuperate. What type of risk management is this an example of?

Answers

Answer 1
Answer:

 

An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recuperate. This is an example of financial risk management in which the entrepreneur tries to reduce the risk.

Further Explanation:

Entrepreneur:

Entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit asan entrepreneur. The successful entrepreneur is those who have the ability of leadership and risk management.

Financial risk is a type of risk loss in which the business is going to lose due to cash shortage. The entrepreneur puts backup funds to meet future losses in the business. Risk management refers to the process in which the entrepreneur manages the risk that may be occurred. This is an example of risk-reducing, as an entrepreneur maintains a savings account if the business faces a loss. The loss can be set off by the savings money available in bank balance. Backup funds are those funds which entrepreneur maintain to meet the unexpected expenses and losses occurred in the business.

Learn more:

1. Learn more about portfolio

brainly.com/question/5728646

2. Learn more about a savings account

brainly.com/question/2652429

3. Learn more about profit margin

brainly.com/question/10218300

Answer details:

Grade: Middle School

Subject: Business

Chapter: Entrepreneurship

Keywords: An entrepreneur, keeps backup funds, savings account,business, experiences a loss, able, recuperate, type of risk management, an example, financial risk, reduce risk, earns profit, shortage, own business.

Answer 2
Answer: Answer would be reducing risk

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Answers

The correct answer would be  : social revolution

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Answers

Answer:

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Explanation:

Please Mark as BRAINLIEST

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Answers

Answer:

gfdhfghfdghghf

Explanation:

In Ben v. City Car Dealership, a state supreme court held that a minor could cancel a contract for the sale of a car. Now a trial court in the same state is deciding Daphne v. Even Steven Auto Deals, Inc., a case with similar facts. Under the doctrine of stare decisis, the trial court is likely toa. disregard the previous case.
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Answers

Answer:

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Explanation:

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Answers

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Explanation:

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Answers

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Answer:

Just verifying for my anxious people that need to know it's right... they're right it's c. buying a franchise just took the test
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