Case $1-$ supply chain management $611$

We discussed risk assessment in class. Hopefully you have few notes on the topic. Answer these questions the best that you can.

What tools should Rocky employ as he analyzes risk and develops a business continuity plan? List a couple and give a brief discussion of one of the tools Rocky could use and why.

We mostly focused on one tool for risk assessment. So if that's what you'd prefer to discuss is just one that's fine. Using that tool and anything else you can come up with to use; If you were in a similar position, $($and no major disaster or event has taken place$)$ how could you justify the expense of putting a risk mitigation $($continuity$)$ plan in place?