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An agriculture government agency faces different challenges with farmers and landlords in implementing its ambitious growth strategy. The agency decided to establish an enterprise risk
An agriculture government agency faces different challenges with farmers and landlords in implementing its ambitious growth strategy. The agency decided to establish an enterprise risk management unit to identify risks, analyze risks, and provide a handbook showing how to handle the surrounding uncertainty What should the risk management expert recommend the agency do first to identify risks and develop the handbook? Conduct meetings, facilitated workshops, and interviews with stakeholders to identify potential risks. Hire an agriculture expert who can develop the required handbook and discuss it with the agriculture minister. Follow standard risk identification tools dedicated for agriculture and tailor them to the environment. Prepare a list of the key resources that will be used to compile a risk management plan
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