Introduction of the new products
Uncertain policy of rival firms
Changes in tastes
All of the above
Answer is Right!
Answer is Wrong!
The correct answer is D. All of the above.
Risks in business arise from a variety of sources, including:
- Introduction of new products: When a company introduces a new product, it is always a risk that the product will not be successful. The product may not meet the needs of consumers, or it may be too expensive. If the product is not successful, the company may lose money.
- Uncertain policy of rival firms: The policies of rival firms can also affect the risk of a business. For example, if a rival firm lowers its 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube