Members of a Venture Team That Is Trying to Create

question 19

Multiple Choice

 Members of a venture team that is trying to create a new product are worried that by the time the finished product is released,customer needs might change.Consequently,the product,unable to satisfy the customers' needs,would become a failure.Which of the following best describes this risk of developing the new product?

• A) Strategic risk
• B) Market risk
• C) Credit risk
• D) Internal risk

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Definitions:

Operating Plans

Detailed plans outlining a company's goals and how it will operate to achieve them, including production, marketing, and staffing strategies.

Specific Goals

Objectives that are clearly defined, precise, and often measurable, aiding in strategy development and performance assessment.

Actual Results

The real, measured outcomes or performance of an entity's operations, projects, or investments, typically assessed against budgeted or forecasted figures.

Execution Plans

An execution plan is a detailed outline created by a database management system showing how it will execute operations to address a specific query, typically detailing the data retrieval methods and join algorithms.