Question: Part 2 : Case Study Analysis ( Group / Individual ) Choose one real - world business that: Successfully managed a major risk OR Faced

Part 2: Case Study Analysis (Group/Individual)Choose one real-world business that:
Successfully managed a major riskOR
Faced serious consequences due topoor risk management(e.g., BP oil spill, Nokia's decline, the 2008 financial crisis, or Toyotas quality control crisis).
Answer the following:
What was the risk?
How did it emerge or escalate?
What actions did the company take (or fail to take)?
What were the short-term and long-term impacts?
What lessons can other companies learn from this situation?

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