Assuming you are an entrepreneur, the first 4 years of operations went smooth and income is flowing, but on the year five of your business you realized, cash flowing in the business aren’t enough already to meet the business short term obligations, what risk you did not manage properly. Choose from the following Economical Risk Competitive Risk Financial Risk Technological Risk

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Assuming you are an entrepreneur, the first 4 years of operations went smooth and income is flowing, but on the year five of your business you realized, cash flowing in the business aren’t enough already to meet the business short term obligations, what risk you did not manage properly.

Choose from the following

Economical Risk

Competitive Risk

Financial Risk

Technological Risk

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