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Ask the Tutor ACCA AAA
Business risk
Why low customer?
They both sound to be indicators of poor management!
Again I ask, why is low customer turnover a business risk? How will it result in a reduction of profits?
I can accept that reducing profits is a business risk and therefore you can claim that any factor that results in profit reduction is a business risk.
But I still am struggling to see how low customer turnover is bad news. Maybe, by implication, we're not getting new customers and that would be bad news. Is that what you are referring to?
Reputation, credit, interest rates, fashion, health and safety, competition .....
Ok?
You're welcome
hi srijana can we do combine study ,?
Ashok, that's a matter that would more appropriately be dealt with by private message rather than on Ask the Tutor!
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