Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Loadshedding has been plaguing South Africa since 2008. It has progressively intensified and is affecting businesses. Small business may be the backbone of the South

Loadshedding has been plaguing South Africa since 2008. It has progressively intensified and is affecting businesses. Small business may be the backbone of the South African economy, but its bearing the brunt of the energy crisis. Paying for generators, fuel, and inverters, employing extra staff to work in less time, and having to turn away work are some of the difficult steps businesses has had to take to survive. Both in small and big business, retrenchment has been at an all-time high. This is purely because of load shedding. Retrenchment is now greater than it was at the height of the pandemic. Even with a generator, entrepreneurs are struggling. Its the cost of diesel thats prohibitive. Sometimes the diesel cost equals the electricity bill. Electronic equipment is affected because of power surges. Businesses had to purchase inverters which is also a struggle since the batteries dont last.

With reference to the above, discuss the relationship between strategic risk and organisational success.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Information Systems

Authors: Jane Price Laudon, Ken Laudon

11th Edition

013607846X, 9780136078463

More Books

Students also viewed these General Management questions

Question

Find: a. (x + 1)(2x 5)dx b. (x 1/3 + x 1/3 ) dx

Answered: 1 week ago

Question

=+d) Can you reject the null hypothesis of part c? Explain.

Answered: 1 week ago