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In your opinion what dangers does the business face in the near term ? Explain your reasoning .

Date Posted: 1 year ago
Views: 130
Ng Hwee Yee
Ng Hwee Yee
1 year ago
it's difficult to answer this question since there's no information on what the business is, what its profit/loss profile looks like, etc.
Juliet Ong
Juliet Ong
1 year ago
This is because this is a generic business question. Expect more questions like these to pop up! The question is not asking for exactly what problem Business XYZ is facing; It is asking for examples and explanations of what problems any and all business will face.

Hope this helps! :)

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Juliet Ong
Juliet Ong's answer
6 answers (Tutor Details)
Perhaps you may also want to read up on “Porter’s 5 Forces” for further explanation on how a business can be affected. It is related to this question as well, but deals with the Marketing aspect specifically. The answer I provided is more general, as I presume this is a business related question and not a Marketing essay question.