Which three of the following are business risks a fast food restaurant could face? (choose three options)
A)Employee turnover
B)Strong competition
C)Quickly changing customer preferences
D)Capital structure that is basic

Question

Quizplus · Accepted Answer

Fast food industry is highly competitive, with several large players operating globally. As a result, strong competition is one of the biggest risks faced by this industry. Additionally, customer preferences can be unpredictable, and they can quickly change, forcing companies to adapt to new trends or risk losing customers. High employee turnover can also be a major challenge for fast food restaurants as it increases training and recruitment costs and makes it difficult to maintain consistent quality standards. Capital structure may not necessarily be a significant risk factor for a fast food restaurant.

Which Three of the Following Are Business Risks a Fast