LESSONS LEARNED
a)
The
flower shop should consider opening another outlets in order to recover loss.
If there is loss happens at the main shop, there is still another outlets that
can gain profits and cover the loss that occurs at the main shop. So by this
way, loss can be reduced. In this case, Kamelia only opened one outlet of her
flower shop, so it is a total loss.
b)
The
business owner should consider the geographic factor of their shop. They should
choose a strategic and appropriate location to open their business. In this
case, Kamelia should avoid location that have a high possibility for storm to
happen.
 |
| strategic location |
 |
| open another outlets |
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