Risk taking can be defined as a process where an individual is nearly indifferent to the success or failure of his proposed scheme, and take the courage to initiate his process. When people are not sure of what will be the outcome of their efforts that may be in their field of interest, but they are courageous enough to take a decision of initiation. Risk taking can be advantageous at times when testing a new concept of idea. Actually idea generation and testing involve taking risks. We can take various ...