please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

Read the following scenario and answer the questions that follow. Patrick opened a four-star Bed and Breakfast, Patrick's B&B. He has made a substantial capital investment and is aware that he needs to protect his assets. Patrick's B&B is located close to the beachfront. His target market is mainly tourist and business travellers. His Bed and Breakfast consist out of 10 guest rooms. The property has a garden and a swimming pool that guests have access to. Patrick has employed ve people. The manager oversees the Bed and Breakfast when Patrick is not there. Two employees are responsible for cleaning, one employee is responsible for cooking and one employee attends to the garden and pool. 01 .(1 )Explain to Patrick what risk management is. 4 0.1.2 Provide the reasons why risk management would be important to Patrick's B&B. (6)