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Lynn's Bakery has successfully operated as a retail bakery for close to 10 years. Customers often ask if there is a place to buy coffee
Lynn's Bakery has successfully operated as a retail bakery for close to 10 years. Customers often ask if there is a place to buy coffee nearby. The neighboring retail space recently became available, and Lynn's Bakery is considering expanding the business to include selling coffee and adding a small dining area serving breakfast and lunch. The owner is considering the time, cost, and market uncertainties. This is an example of which one of the following quadrants of risk? Available answer options Select only one option A Financial risk B Strategic risk C Operational risk D Hazard risk
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