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In year 2020, the business world was heavily affected by the COVID-19 pandemic. As the...

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Finance

In year 2020, the business world was heavily affected by the COVID-19 pandemic. As the event evolves, companies and small businesses are taking measured approaches to safeguard employees and mitigate financial and operational exposure. While some businesses may have decided to reduce activities and cut costs, others may attempt to find opportunities to expand. Ipoh Kitchen Berhad is a company that operates a chain of restaurants that sells popular Malaysian Cuisine. During the pandemic, due to restrictions of dine-in services, the company suffered a huge cut in profits. Now that the dine-in restrictions have been lifted, the company needs to take into consideration the new normal as part of its restaurant operation. As the financial manager of the company, you are required to:

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a. List and explain FOUR (4) risks associated with the opening of the dine-in services and classify those risks into systematic or unsystematic risk. [20 marks)

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