Business Studies, asked by premlalmurmu252, 4 months ago

Q1. Praveen and Ajay are two friends. Both of them are doing different business. Praveen’s business is facing change in fashion and change in prices and he is also very upset because of tough competition. On the other hand there is a great hurdle in Ajay’s business because of dishonesty of employees, dishonesty of customers and strikes & lockouts.

Point out and explain the type of business risk the two friends are suffering from.

Answers

Answered by rahikaamber2145
13

Answer:

Hey there!

Explanation:

In case of Praveen,

he is facing competition among his partners. I can't gain that courage to compete with others.

But on the other side, Ajay is not facing any tough competition but he is suffering from dishonest of employees and even his customers are being dishonest to him.

hope its helpful

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