A Business Venture Can Result in the Following Outcomes (With

question 22

Multiple Choice

A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses) : Highly Successful (10%) ,Successful (25%) ,Break Even (25%) ,Disappointing (20%) ,and Highly Disappointing (?) .If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?

• A)10%
• B)15%
• C)20%
• D)25%

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Definitions:

High-Quality Sets

Products or collections of items that are distinguished by their superior standards and craftsmanship.

Television Sets

Electronic devices designed for the reception and display of broadcast or recorded visual content.

Car Insurance Mandatory

A legal requirement in many jurisdictions for vehicle owners to purchase an insurance policy that covers liabilities for injuries or damages to others in an accident.

High-Risk Drivers

Individuals identified by insurance companies as more likely to be involved in accidents or commit traffic violations, often resulting in higher insurance premiums.