A traditional risk manager deals with the pure risks that an organization faces. In this situation: ABC Company has a risk management policy that requires that the risk manager transfer any loss exposure that might result in a loss more than $1,000,000 per occurrence. ABC has two manufacturing plants each valued at $750,000. The plants are geographically located far enough apart that the risk of loss from major covered perils are considered independent events. a.) Describe a risk management activity that has already been taken in this scenario. b.) Using risk management terms, describe additional steps that need to be taken to manage the property risks. c.) Explain how these risk management activities contribute to the profitability of ABC Company.