You are the operations manager for a one of the businesses listed below and you’ve been tasked with identifying the areas where your company is exposed to systematic and unsystematic risks.
Small business choices:
- Arts and craft store
- Toy store
- Family-owned seafood restaurant
- Franchised frozen yogurt store
- Chain grocery store
Name 3 or more systematic or unsystematic risks your company might face. Think of some implications if your company decides not to be proactive and plan for these risks. Be sure to list your small business name and industry within your response.