Strategic risks in innovation are related to: A. Day-to-day operations B. Long-term goals and objectives C. Regulatory compliance D. Short-term financial investments
Question
Strategic risks in innovation are related to: A. Day-to-day operations B. Long-term goals and objectives C. Regulatory compliance D. Short-term financial investments
Solution
Strategic risks in innovation are related to B. Long-term goals and objectives. This is because strategic risks often involve high-level, long-term company strategies, including those related to innovation. These risks can arise from changes in technology, market conditions, or company structure, among other factors. They can affect the company's ability to achieve its long-term goals and objectives.
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