Question: Using your table from question one, determine the three biggest risks (from the type of risk column) that the new outlet will face. Determine, as

Using your table from question one, determine the three biggest risks (from the type of risk column) that the new outlet will face.

Determine, as an operations manager, how these risks should be financed? Use the table and the headings below to list the chosen risks and give your recommendation on whether the risk should be retained or transferred.

Please note the following:

  • Answers in the reason this was chosen and retain or transfer, and why columns should be in bullet point form.
  • Only one-sentence answers need to be given in the above-mentioned columns.

Table 1: Top three risk categories.

Risk factor

Reason this was chosen

Retain or transfer, and why?

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