André Was Afraid His New Condominium Would Look Shabby to His

question 123

Multiple Choice

André was afraid his new condominium would look shabby to his future in-laws,so he had it painted just before their visit.André was addressing his __________ risk.

• A) social
• B) financial
• C) performance
• D) psychological
• E) physiological

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Definitions:

Profitable

Refers to the ability of a business or activity to generate more income than expenses, resulting in a financial gain.

Breakthrough Stage

A phase in development where significant and sudden progress or advance is made in understanding or innovation.

Entrepreneurial Firms

Companies that pursue opportunities, regardless of the resources they currently control, characterized by innovation, risk-taking, and proactiveness.

Investing Wisely

The process of allocating resources, typically money, in different financial instruments or assets with the aim of generating favorable returns while managing risks.