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1.2 Potential rewards and drawbacks for risk ta... - Match-up

Match-up definitions and answers with key terms and examples. Press submit to check your answers.

Risk
Calculated risk
Financial reward
Independence
Self-satisfaction
Making a difference
Financial risk
Business failure
Health and wellbeing
Work-life balance
Personal relationships


Answers
Creating positive change in areas like environment, welfare or equality
Risk involving money, such as debt, loans or risking personal savings
Physical and mental harm arising from stress, insomnia and chronic pressure
Risk taken after carefully weighing potential advantages and disadvantages
Freedom to control decisions and run the business how desired
Relationships harmed by long hours, stress and difficulty switching off
When a business stops operating successfully, often within its early years
Situation exposing someone to danger, loss or potential personal harm
Monetary gains from taking risks, such as profit and financial security
Personal fulfilment from following passions and achieving respected accomplishments
Balance between professional commitments and personal rest, leisure and family
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