Question

1.What went wrong with the business?

Answer 1

Answer:

I think so you want good life

Answer 2

While running a business we need to undergo many risks to make it successful.

Explanation:

• The factors like no customer retention strategy, slow collections, lack of resources, no proper training, and so on so will lead to business risks.
• We need to retain the customers which will be better than searching the new customers; this will affect the business revenue.
• In some businesses, they lack in providing good pay for the workers and won't enforce proper payment terms.
• The training should be conducted regularly in the training periods. This helps to gather new ideas and technologies.
• The resources should be allocated properly because lack of resources leads to delay in production.