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What are risks a business unit has to face and what are the methods adopted to solve it? |
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Answer
a business usually only has two real risk in the short run. making enough sales to generate a profit and cover the cost of goods sold and making your short fixed and variable cost- which translated into bills. You need sales to generate money to pay bills. Focus on sales, sales, sales. It drives your business. Solve this and you can solve anything.
First answer by Eco99. Last edit by Eco99. Contributor trust: 472 [recommend contributor]. Question popularity: 59 [recommend question]
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