All Small Businesses Have an Inherent Amount of Risk Associated

question 13

Essay

All small businesses have an inherent amount of risk associated with starting the business.List and explain two types of specific risks.

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Definitions:

Cultural Capital

Non-financial social assets that promote social mobility beyond economic means, including education, intellect, style of speech, and appearance.

Professionalization

The process by which an occupation transforms into a profession, typically involving the development of formal training programs, ethical standards, and officially recognized certification.

Protestantism

A branch of Christianity originating from the Reformation in the 16th century, emphasizing salvation through faith alone, the priesthood of all believers, and the authority of the Bible.

Mass Education

The provision of education to large numbers of people, typically through public schooling systems.