There is always a chance that the music loving public cannot be convinced of the need to return to the 8-track format for new releases.The probability that we don't sell one million units before the holiday season is:
A) Promotion risk.
B) Market risk.
C) Organizational risk.
D) Financial risk.

Question

Quizplus · Accepted Answer

Market risk refers to the potential loss or reduced profits that may result from unfavorable market conditions, such as a lack of demand for a particular product or service. The given scenario describes the possibility of the public not being convinced to return to the 8-track format, indicating a market risk to the sales of the product. Therefore, choice (B) Market risk is the best choice.

There Is Always a Chance That the Music Loving Public