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Problem : Quest sales so far this year are weak. What can the company do to increase sales? In following table, complete the following risk/reward
Problem: Quest sales so far this year are weak. What can the company do to increase sales?
In following table, complete the following risk/reward table to score each solution according to the risks and rewards it presents. Assign a score of High, Moderate, or Low to each option. Identify the preferred alternative.
Option | Potential Reward | Potential Risk |
Increase tour prices | ||
Offer popular tours more often | ||
Cut expenses, including staff |
Explain why you assigned the scores you did.
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