Aaron is a young entrepreneur. He saw a business opportunity in providing alternative electricity  solutions. He started his business, Alt Energy, a year ago.  He rents a small office and storage room, and he owns three vehicles. The office is used for  administration. The storage room is used to store expensive equipment and stock. Aaron has  employed an administration clerk and four technicians.  Due to the increase in loadshedding, his business has grown rapidly. He has appointed a new  manager and he wants to provide him with a report on what risk and risk management. Provide a researched example of another South African company in the same industry that  did not management their risk. This example should be comprehensive and confirm the  importance of risk management. It is important that you draw similarities with Alt Energy  and conclusions from your research

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Aaron is a young entrepreneur. He saw a business opportunity in providing alternative electricity 
solutions. He started his business, Alt Energy, a year ago. 
He rents a small office and storage room, and he owns three vehicles. The office is used for 
administration. The storage room is used to store expensive equipment and stock. Aaron has 
employed an administration clerk and four technicians. 
Due to the increase in loadshedding, his business has grown rapidly. He has appointed a new 
manager and he wants to provide him with a report on what risk and risk management.

Provide a researched example of another South African company in the same industry that 
did not management their risk. This example should be comprehensive and confirm the 
importance of risk management. It is important that you draw similarities with Alt Energy 
and conclusions from your research.

 

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