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Watch the video and answer the following questions. This is the video https://www.youtube.com/watch?v=frh3I2rVDzs 1. What risk does budgeting mitigate at Babycakes NYC 2. What challenge

Watch the video and answer the following questions.

This is the video

https://www.youtube.com/watch?v=frh3I2rVDzs

1. What risk does budgeting mitigate at Babycakes NYC

2. What challenge did Babycakes NYC encounter in planning for the Valentines Day rush?

3. What is the risk of overestimating Valentines Day demand?

4. What is the risk of underestimating Valentines Day demand?

5. Was her budgeting really successful? Please explain your view, i.e., why or why not, what would be your suggestions, etc.

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