Risk analysis:

Supply Chain Disruption:

Consequence: High

Likelihood: Occasional

Risk Rating: $9($Medium$)$

Analysis: may significantly affect the way MD Restaurants operates by introducing delays in food delivery, which would frustrate customers and cost them money.

Incidents involving food safety:

Consequence: Extreme

Likelihood: Unlikely

Risk Rating: $8($Medium$)$

Analysis: A food safety issue might have serious repercussions for the chain of MD restaurants, including as harm to its reputation, legal ramifications, and erosion of customer confidence. The potential impact is substantial even though it is unlikely.

Cybersecurity Breach:

Consequence: High

Likelihood: Likely

Risk Rating: $12($Medium$-$High$)$

Analysis: A cybersecurity breach may result in data theft, monetary loss, and harm to the MD restaurant chain's brand. Such occurrences are becoming more likely, and there could have a big effect on the company.

Failure of Regulatory Compliance:

Consequence: Medium

Likelihood: Occasional

Risk Rating: $6($Low$-$Medium$)$

Analysis: The MD restaurant chain may face consequences, legal action, and brand harm if regulatory criteria are not met. Even though the damage is minimal, there is a chance that similar occurrences could happen from time to time, which could be dangerous for the company.

Overall, the risk analysis process classified food safety accidents and regulatory compliance failures as moderate risks, while supply chain disruption and cybersecurity breaches were identified as high$-$risk events for the MD restaurant chain. The business can prioritize risk management activities to lessen the impact on its operations and financial performance by knowing the possible outcomes and likelihood of these risks.

So Conduct a risk evaluation process for the $4$ identified risks to determine the level of risk significance. In this part, you must first define and include your risk benchmark test for significance. $($Please include explanatory written paragraphs, tables and graphs$).$