a)Comparing with woolworths' annual report, in 2023, after reading the coles group's annual report, what mitigation risk treatement strategies could be learnt by Coles group? Risks can be included: sustainability risk, macro-economic and gepolitical risk, customer preference shift risk, supply chain disruption risk, competitive market share risk, cybersecurity threats, and food and product safety risks. No need to list all but choose some which needs to be improved.

b) In 2023, using risk matrx with x likehood and y degree of severity of consequences to present importances of risks in the annual report(13 risks) as well as explaining reasons. The position of the risks can be stated by precentages. for example, geopolital and macro risks is likely happened 77% likelihood and very high severity of consequences 89% conseqences.

Almost Certain 4 Likely 6 7 9 1 2 3 13 8 10 Increasing likelihood Possible 5 12 14 Unlikely 11 Rare Very Low Low Moderate High Very High Increasing financial and non-financial consequences