Risk in emerging industries is created by the following factors:
A)market and technological uncertainties.
B)market and cost uncertainties.
C)rivalry and political uncertainties.
D)customer tastes and technology development costs.

Question

Quizplus · Accepted Answer

Emerging industries are characterized by market and technological uncertainties as they frequently lack established market structures and face technological challenges. As they are often new and untested, there is no guarantee of business success, which makes investing in these industries a risky proposition. Factors such as changing customer preferences and rapid technological advancements can further amplify these uncertainties in emerging industries. Therefore, option A is the best choice.

Risk in Emerging Industries Is Created by the Following Factors