Name any three risks that a retailer has to bear
Answers
Answered by
3
Answer:
hey mate here is your answer:
The following are common types of business risk.
- Competitive Risk. The risk that your competition will gain advantages over you that prevent you from reaching your goals. ...
- Economic Risk.
- Operational Risk.
- Legal Risk.
- Compliance Risk.
- Strategy Risk.
- Reputational Risk.
- Program Risk.
Hope it will help you....
Answered by
1
Answer:
Hope this helps you : )
1. Theft.
As we reported in By the Numbers, theft costs retailers 1.3 percent of their sales and can whittle away at your profit margin if you don't take steps to prevent it.
2. Data Breach
Whether it's an attack on your online store or your credit card processing system, a data breach could leave you with massive tech bills and thousands of frustrated customers.
3. Damage to inventory
A windstorm, tornado, or power outage could leave your store with a costly surplus of spoiled or damaged inventory.
Similar questions