a) There are various ways on how to tackle and minimize risks faced by a company.

However, some suggestions as to how to minimize risk may include developing an

enterprise risk management program for the company, and to determine what risks

pose the greatest danger to the company. Propose to the company how to manage

their property risks.

b) Businesses have four options to avoid losses stemming from pure risk situations. If

the situation required the president of an asbestos removal firm in Sepang, closed

his firm for four months because Movement Control Order (MCO) and determine

which option the firm is choosing for the case and please give reason why it being

chosen.