Carol has decided to open a Vietnamese restaurant in her neighborhood. She will
ID: 345315 • Letter: C
Question
Carol has decided to open a Vietnamese restaurant in her neighborhood. She will be solely responsible for the management of the restaurant. Which of the following problems is she likely to face while running the business? Multiple Choice
She will find it difficult to make quick decisions.
Her business will not be able to quickly adapt to changing market demands.
Her restaurant may not be able to focus on specific group of customers.
She will not have the flexibility to take critical decisions independently.
She may find it difficult to deal with the stress of rent increase.
Explanation / Answer
Carol has decided to open a Vietnamese restaurant in her neighborhood. She will be solely responsible for the management of the restaurant. Which of the following problems is she likely to face while running the business.
She might face these problems:
1)She will find it difficult to make quick decisions.
2)Her business will not be able to quickly adapt to changing market demands.
3)Her restaurant may not be able to focus on specific group of customers.
4)She may find it difficult to deal with the stress of rent increase.
She might face all these problem as she is the solely responsible for the management of restaurant beacuse she is alone and while taking decisions she might not be confident as she could not rely on anyone and if the rent increases she will be the only only who wouls have to bear all the rent transactions.Also her business might not quickly expand as there is no one to tell her about the restaurant.