Question 3 (10 marks) Read the scenario below and answer the question that follows. The governing body of Delta Solutions adopted the principles laid out in the King IV report a few years ago, and they have tasked management with implementing an integrated approach to risk management. Once a year, the Board of Directors and senior management break away for a strategy session. The capabilities of the company and how they can be used to capitalise on opportunities, as well as weaknesses in the company's strategy are carefully evaluated. Identified risks are placed on a graph, which visually compares risks in terms of their severity on occurrence and their probability of occurring. At the end of each quarter, a panel of experts from within the company are asked to independently forecast the outcome of several high-priority risks. Conflicting opinions are weighed up to reach a consensus view. All risks that are identified are classified according to the functional area of the business that they impact on. Management places a high value on risk education, and all staff are enrolled for short online courses on risk management at the beginning of each month. At the end of each course, staff members have to pass a short online test. Identify any five techniques that Delta used to identify and manage risks. Motivate your answer using information from the case study