The correct answer is A.
Starting a new business, as any investment project, entails a certain level of risk. Even tough an entrepeneur is able to develop a product that he believes would be attractive for consumers, there are many aspects that should be examined before deciding to start a business: market environment (number of competitors, elasticity of the demand, profits obtained in the industry), or inner factors (type of technology needed, how to produce efficiently, human resources policies, etc).
Even tough many things can be studied and plans and strategies need to be defined, there are factors which are unpredictable and can lead a firm to bankruptcy: a global economic crisis starts, there is a rise in input prices, there is a sharp decline of the demand on the product, etc. <u>This uncertainty (risk) makes entrepeneurship highly volatile, very large profits can be earned but also heavy losses can be incurred. </u>
They traded cotton with Europe for manufactured goods.
Answer:
Jacka enlisted in the Australian Imperial Force on 18 September 1914, with the rank of private. He was assigned to the 14th Battalion,4th Brigade, 1st Division and finished his training at Broadmeadows Camp.After Turkey became a German ally, the 1st Division was sent to Egypt to defend the Suez Canal. Jacka and his battalion arrived at Alexandria on 31 January 1915. During ten weeks of training south of Cairo the 4th Brigade was merged with two New Zealand brigades and merged with the 1st Light Horse Brigade to form the New Zealand and Australian Division (NZ&A) under Major General Alexander Godley.
Explanation:
hope answered question correctly
A. because there were lees rich than poor poeple.
