QUESTION ONE $[25]1\mathrm{.}1$ Unilever takes an embedded approach to risk management which puts risk and opportunity assessment at the core of the leadership team agenda. Unilever identifies and mitigates downside risks such as loss of money, reputation, or talent as well as upside risks such as failure to deliver strategy if it does not strengthen brand equities or grow in growing channels. Unilever$$s Risk Management approach is embedded in the normal course of business with a set of global Principles of Risk Management with local implementation. $($Business Integrity, May $2020)1\mathrm{.}1\mathrm{.}1$ Discuss the benefits of a risk management framework in Unilever $1\mathrm{.}1\mathrm{.}2$ Critically analyse the speculative and event risks that could impact Unilever