What statement illustrates the concept of "risk"?
Invest a lot of resources (money) in developing a new product that – if it fails – will cause the company to lose money
Take an action that has a clear and certain outcome
Review past history
Make a decision that is guaranteed to produce a specified result
all the above

staple goods and impulse goods are examples of convenience products which consumers usually  buy. these products can be bought almost everywhere and are readily available for purchase. usually, the quality and price of the product are not considered. examples of staple goods are sugar and bread, while impulse goods examples are chocolates and magazine.