A novel product idea that involves a large financial investment would be described as
A)high innovation/low risk.
B)high innovation/high risk.
C)low innovation/low risk.
D)low innovation/high risk.
E)low innovation/uncertain risk.

Question

Quizplus · Accepted Answer

A large financial investment would typically indicate a high level of risk, as the investment may not generate sufficient returns to offset the initial cost. Additionally, a novel product idea involves a high level of innovation, as it introduces a new concept or technology to the market. Therefore, the correct choice is high innovation/high risk (option B).

A Novel Product Idea That Involves a Large Financial Investment