a$.$ Risk assessment: Assess the major risks $($i$.$e$.,$ eight $(8)$ to ten $(10)$ most important risks$)$ that the firm is facing and discuss the probability and impact of each risk using a risk map

b$.$ Risk register: Create a risk register for identified risks

c$.$ Current strategies: Discuss the current risk management strategies for each risk $($e$.$g$.$ What is the company doing now to prevent this risk or reduce its impact? Are the current strategies effective in preventing this risk or reducing its impact to an acceptable level?$)$

d$.$ Recommendations: Make comments or suggestions for improvements and support your suggestions with reasons $($e$.$g$.$ What else can the company do to prevent the identified risk or reduce its impact?$)$