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A. Monde graduated from the National Institute of Public Administration (NIPA) after studying accounting and finance three years ago. She was recently offered a job

A. Monde graduated from the National Institute of Public Administration (NIPA) after studying accounting and finance three years ago. She was recently offered a job as a risk analyst at Metro Limited, a retail trading firm with retail outlets in all the provincial headquarters of Zambia.

The company's board of directors have tasked her to identify all the risks that Metro Limited is currently facing. Monde has decided to use the following tools and techniques to identify the risks:

1. Brainstorming

2. SWOT Analysis

3. Delphi Technique

4. Root Cause Analysis

Required:

i. Explain how Monde can use each of the tools and techniques (1-4) above in risk identification.

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