Patrick Has a Great Idea for a New Business Venture

question 37

Multiple Choice

Patrick has a great idea for a new business venture.Even after conducting research he is not certain whether he can make a go of it.Patrick is concerned about:

• A)risk.
• B)pure risk.
• C)business risk.
• D)market risk.

---

Definitions:

Absenteeism

The habitual non-presence of an employee at their job, which can be due to various reasons including illness, personal issues, or disengagement from work.

Directing And Controlling

Leadership activities focused on guiding team efforts towards goal achievement and ensuring that these efforts comply with organizational standards and objectives.

Henry Mintzberg

A renowned academic and author in the field of business and management, known for his theories on business strategy and organizational structures.

Interpersonal

Pertaining to the interactions and relationships between individuals.