In order to evaluate risk, management may also set qualitative risk classes. Rank these four projects from the least to the most risky. 1. Completely new market in Canada
2) Completely new market in South America
3) Addition to normal product line
4) Repair to old machinery
A) 4, 3, 1, 2
B) 1, 2, 3, 4
C) 3, 4, 1, 2
D) 2, 3, 4, 1