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Question 64
How would you characterize your own propensity for risk? With that in mind, in what industry do you think you would be most comfortable? Most uncomfortable? [3 Marks]
Expert Answer
Propensity for risk is the degree of risk of loss which an organisation or entity or individual is ready to take as a chance in business because business is full of risk so an we have to take risk while runnnig a business as there no risk no gain.
According to me the Bpo industry has less propensity for risk as the business is outsourced from other country and the payment is made from that country only ,so starting your own bpo can be comfortable with less risk of loss.
