Week 6 Cash Flow Estimation 1 - This may cost the business...

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Some risks that a University may take include opening a new location whether it is a campus or an online recruiting center. The cash flows that it will take to run these facilities can be offset if enough students enroll. The risk can be lessened if the university performs an effective market research to substantiate the need for a new location and follows up with an effective marketing plan that would focus on expanding the new location. Another risk is purchasing new software to house student information and records.
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Unformatted text preview: This may cost the business millions of dollars with the ultimate goal of making the process more streamline and effective. To counter the risk of purchasing new software, proper testing should be done to ensure that the software will be more efficient than the current programs it is replacing. The result would be minimizing students lost due to difficulties with the current computer systems....
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