Lance owns a large robotics company. He is trying to decide whether or not to develop a new robotic house cleaning product. When making his decision, Lance should consider every item EXCEPT
A) how he can use his competitor's equipment.
B) the stability of the marketplace.
C) how long the project is expected to last.
D) the state of the world economy as a whole.
E) the competitive nature of the marketplace.

Question

Quizplus · Accepted Answer

When making his decision, Lance should consider how long the project is expected to last because the longer it lasts, the greater the risk. Additionally, the level of a project's risk is affected by the stability and competitive nature of the marketplace and the world economy as a whole.

Lance Owns a Large Robotics Company