Oracle Database 12c Advance Adminstration1z0-063 Test 2

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You issue commands in SQL*Plus as the Oracle owner, to enable multithreading for your UNIX-based Oracle 12c database:
CONNECT /AS SYSDBA
ALTER SYSTEM SET THREADED_EXECUTION=TRUE SCOPE=SPFILE;
SHUTDOWN IMMEDIATE
You then restart the instance and get an error:
STARTUP
ORA-01031: insufficient privileges
Why does the startup command return the error shown?
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