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When you think of risk, do you conjure up thoughts of gambling, chance, or a blind leap into an unknown situation? These are types of risk, but to the entrepreneur, risk is just another factor to consider in the decision-making process. The activity supports the Entrepreneurship Content Standards/Performance Indicators as follows: • D.01 Explain the nature of effective communications, • D.08 Make oral presentations, • N.01 Describe type of business risk, • N.02 Determine ways that small businesses protect themselves against loss, • N.06 Explain ways to transfer risk. This resource is part of the Entrepreneurship Learning Activities collection.
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