Apply the ERM framework to a lemonade stand that would like to expand throughout a small neighborhood. Assume that the lemonade stand has several investors. You can pick a risk appetite for the company. Discuss all eight components of the ERM framework, and specifically identifying one opportunity and two risks. Explain how the opportunity might be used to establish a strategy. Complete a qualitative assessment (ie no need for dollar amount or precise probabilities) of the two risk that you identified and discuss the associated risk response, control activities etc. Assess (quantitatively) the risk on an inherent and residual basic.