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Company B is a textiles industry, established in 1890 when hydroelectric power was in use. Because of this, Company B's factories were built on the
Company B is a textiles industry, established in 1890 when hydroelectric power was in use. Because of this, Company B's factories were built on the coast of Florida. Its location in Florida is often hit by tropical storms and hurricanes. Company B does not have a backup location and is often shut down for weeks when a storm comes to the area. Company B creates beachwear - bathing suits, cover ups, beach towels, etc. During the COVID-19 pandemic, Company B saw a major increase in sales as people were spending more time outdoors. This major increase in sales encouraged Company B to expand by creating a secondary factory location in Tacoma, Washington. So far, the secondary location has not done well as those on the West Coast and Mid-West are not interested in Company B's products. Company B has seen a tremendous decrease in their net income, causing their executives to be unhappy as their year-end bonuses rely on net income. Company B continues to sell in brick and mortar stores and are continually outpaced by competitors suctsas Amazon and Target which allow customers to shop online with quick delivery. IDENTIFY THREE (3) FACTORS REGARDING COMPANY A THAT WOULD INDICATE A HIGHER RISK ASSESSMENT
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