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1. Review the MacVille simulated business scenario information and documentation provided in the Appendices of this task and in Assessment Task 1. 2. Develop a

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1. Review the MacVille simulated business scenario information and documentation provided in the Appendices of this task and in Assessment Task 1. 2. Develop a report for the CEO (your assessor) that includes the following: a. For each risk (i.e. the four identified in the scenario for this task), assess the likelihood of the risk occurring. b. For each risk, assess the consequence of the risk occurring. c. Develop a risk matrix to assist in prioritizing the treatment of the identified risks, including numerical values (e.g. risk matrix in the Student Workbook). d. Once you have prioritized the risks, for each, outline at least two suitable options for treatment. e. Include an explanation of the process you used to identify risks and assess likelihood, consequence and priority. Also include an explanation of why the options you have suggested for treating the risks are

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