Problem 2. Risk Management - Identification and Assessment (10 points) Intel operates a vast global production and distribution network. Do an Internet search to see just how Intel uses worldwide resources to meet global customers' needs. Because Intel is global, it encounters many risks every day. The process of rolling out new products is especially risky. Thus, Intel has for many years used a risk-management strategy like that described in this chapter. Imagine you go to work for a company with a global supply chain like Intel. Your company relies heavily on European and U.S. suppliers for technology-intensive capital equipment. You source raw materials globally. You distribute to customers around the world. (a) What types of logistics risks would you worry about? List at least 4 types of logistics risks and EXPLAIN why you pick them. (6 points) (b) For each risk you identify in (a), comment on its likelihood and its impact, and indicate where the risk should be placed on the heat map. (4 points) Highly Likely Likely Possible Likelihood Unlikely Rare Trivial Minor Medium Major Severe Impact of Risk