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1. From Current News Events - choose (or create) a supply chain event and identify three risks. 2. Classify each Risk (pure/speculative; subjective/objective; diversifiable/nondiversifiable) 3.
1. From Current News Events - choose (or create) a supply chain event and identify three risks. 2. Classify each Risk (pure/speculative; subjective/objective; diversifiable/nondiversifiable) 3. Identify the risk quadrant (hazard, operational, financial, strategic) 4. Identify one loss exposure for each risk. 5. Identify any correlation, inter-dependency or portfolio effects between any of the 3 risks you have chosen. 6. As a supply chain Risk Manager, what could you do to prevent a loss or reduce the frequency and severity of a loss?
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