_____ Refers to the Possibility That the Company Will Fail

question 63

Multiple Choice

_____ refers to the possibility that the company will fail to earn the appropriate return on the money and effort it puts into the new product.

• A)Investment risk
• B)Financial risk
• C)Opportunity risk
• D)Innovation risk
• E)Product risk

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Definitions:

Economists

Professionals who study how societies use available resources to produce valuable commodities and distribute them among different people.

Normative Statement

Describes expressions of what ought to be rather than what is, often reflecting opinions or prescriptions for policy rather than objective statements.

Legal Age

The age at which an individual is recognized by law as an adult and capable of accepting responsibility for actions.

Voting

A method for making collective decisions or expressing an opinion, often used in democracies to choose representatives or make policy decisions.