Question 93

_________ entrepreneurs suffer losses, as they refuse to make any modifications in the existing production methods.

Solution

"Drone" entrepreneurs suffer losses as they refuse to make any modifications in the existing production methods. Drone entrepreneurs are characterized by their rigid adherence to established practices and resistance to change. They may be unwilling to adapt or innovate, which can result in losses as the business environment evolves and new approaches or technologies emerge. Their reluctance to modify production methods can lead to inefficiencies or the inability to keep up with market demands, ultimately affecting the business's profitability.


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