ACC 206 week 5 final paper
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RISK PROFILE OF THE COMPANY The targeted sale of ABC is 3 million in three years where as currently the companys sales are 1.2 million. The company CEO is thinking to increase the sales by more than twice and as an entrepreneur this is an aggressive strategy which needs to be weighted in terms of its perceive risk factors. Following may be the factor which may affect the success of this strategy: a. There is a risk that product might not be up to meet the expectations of a customers. b. Change always face reluctance, the new product will be subject to the acceptability risk of a customer. c. Risk of competition follows the launch of new product, may result in loss of market share by the company. d. Production depends upon the factors of production, the new product requires a...