Question: A company identifies four risks with a risk scores as follows:\table[[Risk,Risk Score],[\table[[The purchase of a new oven system may result in lost],[revenue if management doesn't adequately train the],[employees]],8],[\table[[A cybersecurity attack may result in the theft of],[customer data and exposure on social media.]],15],[\table[[A store employee

A company identifies four risks with a risk scores as follows:$\backslash$table$[[$Risk$,$Risk Score$],[\backslash$table$[[$The purchase of a new oven system may result in lost$],[$revenue if management doesn't adequately train the$],[$employees$]],8],[\backslash$table$[[$A cybersecurity attack may result in the theft of$],[$customer data and exposure on social media.$]],15],[\backslash$table$[[$A store employee getting sick may result in them$],[$backing out of their shift last minute.$]],5],[\backslash$table$[[$A competitor breaks into the market and integrates their$],[$cookie ordering app into a popular social media platform$]],6]]$and the business may lose $\frac{1}{2}$ their market shareFor each risk, categorize the risk as internal or external and explain why you noule choose which of the four risk responsesThen, for each risk and explain why.appropriate and explain why.

 

A company identifies four risks with a risk scores as follows: Risk The purchase of a new oven system may result in lost revenue if management doesn't adequately train the employees A cybersecurity attack may result in the theft of customer data and exposure on social media. A store employee getting sick may result in them backing out of their shift last minute. Risk Score A competitor breaks into the market and integrates their cookie ordering app into a popular social media platform and the business may lose 1/2 their market share. 8 15 5 6 For each risk, categorize the risk as internal or external and explain why you made your choice. In your answer, describe internal and external risks Then, for each risk, choose which of the four risk responses would be most appropriate and explain why.