Asked by
Brenda Atieno Ogudah
on Nov 25, 2024Verified
Having a high fixed salary is what motivates entrepreneurs to make prudent decisions in dealing with business risk.
Fixed Salary
A consistent set amount of pay received by an employee, typically on a monthly or bi-monthly basis, regardless of hours worked.
Business Risk
The potential for a company to experience losses or fail to achieve its financial goals due to economic conditions, operational issues, or other unforeseen factors.
- Identify the functions and driving factors of entrepreneurs within a marketplace.
Verified Answer
MT
Learning Objectives
- Identify the functions and driving factors of entrepreneurs within a marketplace.
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