Identify the Situation Associated with the Greatest Amount of Innovativeness

question 31

Multiple Choice

Identify the situation associated with the greatest amount of innovativeness risk.

• A) Moderate changes in operations/marketing and major changes in consumer use behavior
• B) Major changes in both operations/marketing and consumer use behavior
• C) Major changes in consumer use behavior and moderate changes in operations/marketing
• D) No change in operations/marketing and major changes in consumer use behavior

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Definitions:

Structural Risks

Associated with the possibility of loss due to the physical structure or fundamental nature of a business or industry, affecting its stability and profitability.

Skill Set

The range of skills or competencies that an individual possesses, which are relevant to, or necessary for, a particular role or profession.

Operational Risks

The risks of loss resulting from inadequate or failed internal processes, people and systems, or from external events impacting the operation of a business.

Structural Risks

Refers to the potential for failure or significant damage to a system, organization, or structure due to inherent weaknesses or flaws.