A Company owns 20 buses and has license to transport passengers between two major cities. Its major competitors are cars and passenger train that runs between these cities. The largest expenses incurred are fuel, wages, and depreciation on the buses. As part of its internal process, the company creates its own schedule and assigns its own drivers.

Requred:

a) Identify the most significant four risks relevant to this company's business that must be mitigated

b) Describe techniques that coul be used to mitigate identified risks (at least one for each risk).