Question

Ganga Ltd. is a popular company manufacturing water coolers. Its product is very
much liked by people in the market. The traders are in a race to become the company’s
distributors. The company had been earning huge profits for many years. However, in the
year 2020, the company’s half yearly report shows a great decline in thecompany’s profit.
The top management is worried about this. A team of specialists from outside is appointed
to solve this serious problem. After a thorough examination, the specialists presented the
following reasons for the decline in the profits of the company.
(i) Increase in competition and change in taste of the consumers.
(ii) Theft of cash and goods by the employees.
Identify and explain the two causes of business risk which led to a decline in profits.

Answer 1

Answer:

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