Risk is composed not only of the probability that the strategy will be effective but also of the amount of assets the corporation must allocate to that strategy and the length of time the assets will be unavailable for other uses.

Question

Quizplus · Accepted Answer

This statement is true. Risk in a business strategy is not just about the likelihood of success but also involves the resources that need to be allocated to the strategy and the duration of time that these resources will be unavailable for other uses.

Risk Is Composed Not Only of the Probability That the Strategy