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Module 4 Unit 1

1 / 5

Which aspect of business planning for hydroponic farming involves assessing potential risks and developing strategies to mitigate them, as outlined in the content?

2 / 5

In the context of business, what characterizes a mass market strategy?

3 / 5

In the SMART framework for setting objectives, which component ensures that goals are aligned with the overall mission and vision of the organization while also being quantifiable and actionable?

4 / 5

Among the various components of start-up costs for a hydroponic farm, which one involves the acquisition of hardware such as nutrient delivery systems, growing trays, and pumps, directly impacting production capacity and efficiency?

5 / 5

Which aspect of managing risks in a hydroponic farm business involves developing specific actions, procedures, and protocols to be implemented in response to potential threats, including clear roles and responsibilities, escalation procedures, and trigger points for activating response measures?

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