What does strategic risk involve?
A) The risk that a new product will not be developed within the desired time and budget.
B) The risk of not matching the role of a new product with a specific strategic need of the organization.
C) The risk that a new product will not meet a market need in a strategic, value-added, differentiated way.
D) The risk of environmental influences that inhibit the strategic functioning of the organization.

Question

What does strategic risk involve? 
A) The risk that a new product will not be developed within the desired time and budget.
B) The risk of not matching the role of a new product with a specific strategic need of the organization.
C) The risk that a new product will not meet a market need in a strategic, value-added, differentiated way.
D) The risk of environmental influences that inhibit the strategic functioning of the organization.

Quizplus · Accepted Answer

Strategic risk involves the risk of not matching the role or purpose of a new product with a specific strategic need or issue of the organization. If an organization feels it necessary to develop certain types of radical innovations or products new to the company in order to carry out long-term strategies, then management must be willing to dedicate necessary resources and time to pursue these type projects.

What Does Strategic Risk Involve