Question: The Risk Register given below shows the expected risks for a Shoe Manufacturing Industry based in Palapye, Botswana. Level 0 Level 1 Level 2 Level
The Risk Register given below shows the expected risks for a Shoe Manufacturing Industry based in Palapye, Botswana.
Level Level Level Level Risk Number Probability of occurrence Impact on monetary
Enterprise R
isk Internal Risks Market Probability of competition
Decrease in demand
Availability of raw materials
Technology Technology availability
Technology limits
Unproven design
Machinery issues
Productionprocessing Scheduled delays
Warranty exposures
Performance
Human resources Shortage of labour
Labour strikes
Subcontractor failures
disputes
External Risks Financial Lack of funding
Estimating errors
Exchange rates
Natural disasters Floods
Fire outbreak
REQUIRED:
Use the above information to;
i Prepare an appropriate Risk Matrix explicitly showing the three basic regions
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