Explain what level you engage and what is expected benefit


Problem

Business owners take a risk by offering a new product line. In almost every case, the risk takers have some sort of control mechanism - or management - to equal out those risks (or at least they should). Individuals take the risk to achieve a personal or professional benefit (e.g., getting to work on time, getting more sleep, making money, increasing market share); to what level depends on a myriad of factors, none the least of which involves the level of risk the individual is willing to take.

Before we develope into this subject deeper, provide the class with an example of a risk that you engage in on a regular basis; explain what level you engage and what is your expected benefit.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain what level you engage and what is expected benefit
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