Question No 3: (10 Marks) 2015-2020 INALVEXAMINATION SEMESTER ZACADEMICYEAR2019-2020 You were running a business of electrical equipment in your city. Since the outbreak of COVID 19, you have to shut down your business due to lockdown and government instructions. These days many businesses are under stress, but still some opportunities are available. Traders selling necessary goods are running their business successfully. Government is supporting these businesses so people can get all the necessary items. Ramadhan has already started, and there is lot of demand for essential goods. You are considering to start another business to support your family. You need to take an immediate decision for starting the new business. Your friends suggest you to buy the containers of fruits and vegetable imported from foreign countries and sell directly to the retailers. But you don't know the quality of goods imported from outside. Still you are reluctant to take a decision regarding this business. a. Explain how timely decision is important for your business. (5 Marks) b. Considering the current business scenario, what other basic fundamentals will you consider? What basic fundamental problem may exist in this business? (5 Marks) Your answer should be around 400 words for each