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While Jing Wants to Start a Small Business,she Has Not

question 32

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While Jing wants to start a small business,she has not yet uncovered an opportunity that would offer her security and the likelihood of high profits.Jing will likely find that one must risk more in order to attain high profits.
Firms that offer security seldom offer the potential for rapid growth and high profits,while firms that offer high profits tend to be associated with high levels of risk.


Definitions:

Stylized Historical Image

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18th Century

The period from 1701 to 1800 in the Gregorian calendar, marked by significant events such as the Enlightenment, the Industrial Revolution, and the American Revolution.

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A collection of individuals who share specific social characteristics, beliefs, or experiences that shape their collective identity.

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A phenomenon where an attempt to change beliefs or attitudes does the opposite, reinforcing pre-existing beliefs.

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