Question
a)Comparing with woolworths' annual report, in 2023, after seeing the coles group's annual report, what mitigation risk treatement strategies could be learnt by Coles group?
a)Comparing with woolworths' annual report, in 2023, after seeing 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.
b) In 2023, using risk matrx with x likehood and y degree of severity of consequences to present importances of those risks in the annual report as well as using two or three sentences to explain 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 consequencesStep by Step Solution
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