Multiple Choice
You own and operate a small pizza shop.The shop has been profitable but it needs renovation.You start the renovation only to discover that a pizza chain has bought a vacant building two blocks away and plans to open a shop within 120 days.Undoubtedly, competition will intensify.You decide to accelerate renovation work.You are trying to:
A) escalate the risk
B) avoid risk
C) greatly minimize risk
D) better manage risk by trying to improve your shop significantly before the other one opens
Correct Answer:
Verified
Correct Answer:
Verified
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