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Chuck Reynolds decided to start his own business. He purchased insecticide and sprayers, and put signs up on local bulletin boards advertising his services as an exterminator. Chuck stored his equipment and supplies at home in his garage, where he mixes and prepares the pesticides. He kept a record of all his business activities (jobs, supplies, appointments, etc.) in a notebook. After a slow start, his business began to grow.
(1) Identify loss exposures that Chuck is exposed to and
So, what are loss exposures or risks that Chuck is exposed to? if necessary, you can make any reasonable assumption.
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As part of your analysis, explicitly address the potential negative effects of implementing lean thinking and how they might be overcome.
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