Business, 25.01.2021 03:10 FailingstudentXD

1. What are the problems/challenges encountered by Nanay Coring in her business? 2. What alternatives did Nanay Coring take when the business encountered problem? 3. What were the business opportunities she selected?

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Everyone calls her "Nanay Coring," and she is Young's 2004 Entrepreneur of the Year-Philippines award and recipient of Ernst, which has been nicknamed the "Oscar" of the corporate environment. She founded the National Book Store) chain of bookstores.

1.The problems:

The heavy volumes thinned out. We didn't exhibit the books any longer because mathematics books were virtually the only ones preserved. A typhoon soaked all of their stock and blew the roof off of their small business.

2.When a problem arises in the business, Nanay Coring can attempt another business that is currently popular. Modify her business's appearance. She's found someone who is willing to invest in her company. Make her business more appealing to the eye, but the buyer should understand that purchasing her problem or trying her service is worthwhile.

3.Business opportunities:

Nanay Coring first demonstrated her financial acumen with this summer employment. She worked at a cigarette factory, where she was paid five centavos every pack for removing rotting tobacco and keeping the rest of the cigarette filler. "At the time, that was a lot of money because the conversion rate was P2 to $1."

For more information regarding Nanay Coring, refer to the link:

link

Answer from: jacksoneaton

Explanation:

1. The problems/challenges encountered by Nanay Coring in her business includes;

the Japanese who took over Philipines destroyed books they found in their bookstore which they did not like.the American war which drove the Japanese from the Philipines led to the store been destroyeda typhoon damaged the store unexpectedly, resulting in relocation.

2 & 3.

according to Nanay Coring, they had to switch to selling candies, soap, slippers, papers, and cigarettes as this was demanded by the Japanese soldiers frequently.they also spent longer working hours.

Answer from: Quest

answer; at prices that violate government price regulations;

Answer from: Quest

answer; situational irony;

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