Which of the following type of projects has average risk?
A) Speculation ventures
B) New products
C) Expansion of existing business
D) Cost improvement

Question

Quizplus · Accepted Answer

The expansion of an existing business is typically considered to have an average level of risk as it involves building upon an established foundation and is based on prior data and experience. The other options have higher levels of risk - speculation ventures involve predicting future outcomes, new products involve uncertainty and testing, and cost improvement involves changing existing processes which may have unintended consequences.

Which of the Following Type of Projects Has Average Risk