MENU
Awesome Mobile Ltd is a leading mobile seller who manufactures mobile phone under own brand Awesome.
Which option best is the biggest business risk for Awesome?
Suggested Answer: C
Get Premium CCRA-L2 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
26 comments · newest first
LA
Latricia
4 months ago
Don't forget about tech obsolescence! Phones get outdated quickly.
PA
Paris
4 months ago
Supply chain issues could hurt them too. Delays mean lost sales.
JO
Josefa
4 months ago
Agreed! Consumer preferences change fast. They need to keep up.
DE
Deangelo
4 months ago
I think market competition is the biggest risk. Too many brands out there.
KI
King
6 months ago
Supply chain issues could really hurt them!
PH
Phung
6 months ago
Wait, are they really that big? Sounds a bit exaggerated.
JU
Junita
6 months ago
What about market competition? That's a huge risk too.
WH
Whitney
6 months ago
Totally agree, brand dependency is risky!
MA
Margurite
6 months ago
They rely heavily on a single brand.
LA
Lauran
7 months ago
I bet the marketing budget is the biggest risk. How are they going to make Awesome phones stand out?
IR
Ira
7 months ago
Haha, the biggest risk is probably the name "Awesome." It's a bit on the nose, don't you think?
RE
Remona
7 months ago
Hmm, I'd say the supply chain disruptions are the biggest risk. If they can't get parts, they can't make phones.
MA
Marlon
7 months ago
I think the biggest risk is competition from other major brands. Awesome needs to stay innovative to keep up.
AM
Ammie
7 months ago
The biggest risk is definitely product quality issues. Customers won't buy Awesome phones if they keep breaking down.
DA
Daryl
7 months ago
I'm a bit confused about how to weigh these risks. Is it possible that consumer preferences changing could be the biggest risk?
AL
Alishia
8 months ago
I practiced a similar question about brand reputation risks last week. I wonder if that could be a significant factor for Awesome as well.
GE
Gerri
8 months ago
I think supply chain disruptions could be a huge risk too, especially with recent global events affecting manufacturing.
HE
Herminia
9 months ago
I remember discussing market competition as a major risk, but I'm not sure if that's the biggest one for Awesome.
OM
Omer
9 months ago
I'm a little unsure how to approach this. There are a lot of different factors that could be considered business risks. I think I'd start by brainstorming a list of the key risks, then try to analyze and prioritize them to determine which one is the biggest. But I'm not 100% sure what the "best" answer would be.
SH
Sharmaine
9 months ago
I feel pretty confident about this one. As a leading mobile seller, Awesome's biggest risk is probably competition from other major brands. With the market being so saturated, they need to really differentiate themselves and stay on top of emerging trends to maintain their position.
ED
Edward
9 months ago
Okay, let's see. For a mobile phone manufacturer, some of the biggest risks could be things like new competitors entering the market, changes in consumer preferences, or problems with their supply chain or manufacturing process. I'd want to evaluate each of those and figure out which one poses the biggest overall threat.
LA
Lauran
9 months ago
Hmm, this seems like a tricky one. I'm not totally sure what the "biggest business risk" means exactly. Is it the risk that's most likely to happen, or the one that would have the biggest impact if it did happen? I'll need to think that through.
DA
Dallas
9 months ago
I think I'd start by considering the different types of business risks Awesome Mobile might face, like competition, supply chain issues, regulatory changes, etc. Then I'd try to determine which one poses the biggest threat to their business.
JA
Jaclyn
3 months ago
Regulatory changes might catch them off guard too.
RE
Reena
3 months ago
Supply chain issues could really hurt their production.
MA
Madelyn
4 months ago
Competition is a huge risk for Awesome.