Which of the following is an example of a strategic risk?
A) A new product fails as it does not meet a specific need or purpose of an organization.
B) A new product is unsuccessful owing to its inability to meet market needs while customers' needs have changed.
C) A new product does not take off as it is not in pace with the technological changes that have evolved.
D) A new product fails to deliver as it has not been developed within a desired time and budget.
Correct Answer:
Verified
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