Assume that have recently been appointed as a member of the Financial Risk Management team of your organisation. For the purpose of this research paper, select a company of your choice, in Zambia or an international firm and evaluate how well the company manages its financial risk by addressing the following issues.

1. Identify and explain the main financial risks the company is exposed to and explain the methods you used to identify the financial risks.
2. In reference to the financial risks identified part (1) above, make recommendations to the company whether it should hedge 100% of the risks, or part of the risk or none at all. Give justification for each of your recommendations.
3. Assume you recommend some hedging in part (2) explain the specific hedging strategies (internal or external) the company will apply to mitigate the specific financial risks.