Uncertainty and risk
The assignment is to write a 200 word “case study” on uncertainty and risk as it applies to a personal or business plan that you have been personally involved with.
…………….Answer Preview…………….
The business environment is associated with the capability to take risks. As an entrepreneur, I opted to open a restaurant after securing a loan by the name ‘cherish’ but later changed the name to ‘Relish’ with the optimization of making more fun and attracting more customers. Based on the fact that the business was situated in a perfect location within the town, I targeted high-end customers mostly the tourists. However, the business took some time to expand and upon conducting market research, I ascertained the fact that the quality of the meals was a little below par in comparison to other restaurants within the same………………
APA
230 Words