Joe and His Team Are Working to Develop a New

Multiple Choice

Joe and his team are working to develop a new product. They have been given a fixed budget and a rough estimate of the time left until the product must hit the market. The team's key concern is that the product would be too costly and time-consuming to produce. Which of the following kinds of risk is likely to be faced by Joe and his team?

A) Strategic risk
B) Market risk
C) Internal risk
D) Credit risk