Entrepreneurial Strategy Matrix TTs140819_560884_66.edited.docx

The proportion of resources budgeted for money

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Risks[ CITATION Lin19 \l 1033 ]. The proportion of resources budgeted for money transfer projects will be less compared with the income generated when the venture becomes successful. The second risk strategy adopted by entrepreneurs is that of High Innovation High Risk portrayed by such as sectors as the automobile industry or the aviation industry. Coming up with a new model of a car requires many monetary resources as well as the expertise to make sure the vehicle is complete. However, there is no guarantee that the car will attract enough clients to justify the investment. These industries manage their risk by lowering financing and operating costs to remain afloat. These companies outsource some of the high investment operations to cut down on the value of production.
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RISK ENTREPRENEURAL STRATEGY MATRIX 3 Low Innovation High-Risk Strategy is a characteristic of small businesses that require minimum capital commensurate with the returns they attract[ CITATION Rou15 \l 1033 ]. These businesses sell fast-moving goods, and they control investment and high costs by contracting or putting systems that cub spending. Starting up a retail shop in a given estate requires limited
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