Airlines take large fuel price risks, which reduces their profit, Steel producers are at danger because of worker safety and Restaurants run the danger of financial difficulties when customer purchases decline is examples of how a company’s risks can influence its planning, controlling, and decision-making activities.
What are decision-making activities in a company?
Decision-making in an organization can be done by the high level authorities of the company after analyzing and evaluating the company status about different things.
Decision-making is the crucial thing to do as the company runs according to the planning based on the decision.
Thus, the statements are written on the above.
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