Assignment task:
Uncertainties are factors that are unknown or unpredictable, such as market demand, customer preferences, competitor actions, or regulatory changes. Risks are factors that can have negative consequences for the business objectives, such as cost overruns, quality issues, delays, or legal disputes. The organization that I work for is always taking the risks by of providing a few perks to a future client. I work in the hospitality business and In order to gain a piece of business, my organization has to offer our potential clients complimentary breakfast, lunch, dinner, happy hour tickets as well as football tickets in the hotel's suite. While we offer those benefits to our potential clients, we are aware that our competition is utilizing the same strategy in order to get the contract. Our latest client represented a group of eighty people that was trying to hold a conference in our property.