All of the Following Are Elements of Market Risk in a Supply

question 29

Multiple Choice

All of the following are elements of market risk in a supply base except ____.

• A) the number of buyers competing for the same goods
• B) shorter product life cycles
• C) regional political risk
• D) threat of emerging technologies
• E) protecting and maintaining trade secrets and intellectual properties from misuse or misappropriation

---

Definitions:

Market System

The operational mechanics of this economic setting revolve around decisions on investment, production rates, and distribution channels being directed by supply and demand, with a pricing strategy that allows for free determination of goods and services prices.

Entrepreneurship

The act of creating, organizing, and running a new business venture, often taking on financial risks in the hope of profit and innovation.

Specialization

The process by which individuals, firms, or countries concentrate on producing a narrow range of goods or services, often to increase efficiency and output.

Economic System

The organized way in which a country or a society allocates its resources and apportions goods and services in the national community.