Question: Risk Mitigation Strategy: Your company is looking at making a significant capital investment in a factory that can produce a needed item at about half

Risk Mitigation Strategy: Your company is looking at making a significant capital investment in a factory that can produce a needed item at about half the cost of your other vendors. Your facility where you need the product produced by this factory is in Colorado. The factory that will produce the needed item is located in Puerto Rico. Using the Risk Management Strategy in the book and Power Points (Exhibit 2.3), evaluate the risk of this decision and recommend if this should be a go or not.

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