meet the following business man, and note three problems ,risk which may arise in business.
a-rickshaw driver
b-owner of retail grocery shop
c-dairy farming
this is the project of economics
please help to me
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The business risks of auto driver, retailer shop, and dairy farming are the reduction in the rate of the profit levels and the capital investment spent is higher.
Explanation:
- The major risks of the rick shaw driver includes when he gets less number of customers, non-ability to meet the needs of fossil fuels, and the payment issues faced with the regular customers.
- The risks associated with the owner of the grocery shop includes downfall of the sales of the products, non-satisfied customers, and the decay of grocery products like vegetables and milk.
- The risks associated with dairy farming includes less turn over, infection to the cows, and the medical expense spent for the cows to keep them healthy.
To know more:
1) Define business risk?
https://brainly.in/question/5933727.
2) Explain two reasons of business risks ?
https://brainly.in/question/11555856
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