Business risk involves all of the following factors except:

A. The more stable the demand for a firm’s products, the lower its business risk

B. Firms whose input costs are highly uncertain are exposed to a low degree of business risk

C. The faster a firm’s products become antiquated, the greater a firm’s business risk

D. The greater the ability to adjust output prices reflect cost conditions, the lower the degree of business risk.

Analyzing the business environment best assists in:

A. Identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses.

B. Auditing micro environmental influences; identifying key non competitive forces; identifying competitive position; identifying key opportunities and threats.

C. Auditing external and organizational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats.

D. Assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position.

Ex ante evaluation is:

A. evaluation of project after its implementation.

B. evaluation of project during its implementation.

C. evaluation of project prior to its implementation

D. evaluation of project after its completion.