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based on the given tables, answer the questions given below Risk Probable Impact (in Million USD) Probable velocity Non-Financial impacts Risk 1: Data hacking which
based on the given tables, answer the questions given below
Risk | Probable Impact (in Million USD) | Probable velocity | Non-Financial impacts |
---|---|---|---|
Risk 1: Data hacking which could lead to a breach and loss of data | 1.7 to 1.9 million | High | Loss of data security |
Risk 2: Use of old technology saws which leads to 15% raw material wastage | 3.1 to 3.4 million | Low | Probable loss employee branding |
Risk 3: Pandemic induced market depression which could lead to reduced sales | 4.5 to 4.7 million | Medium | Loss in motivation for the sales team |
Risk 4: New regulations on working shifts that could lead to shutting down of night shift working in factories | 2.4 to 2.6 million | High | Lay-offs of night shift workers |
Risk 5: End customers preferring biodegradable plastic packaging which may impact the current product line | 0.6 to 0.8 million | Low | No growth in brand value |
Impact Scale | Probable Impact (in Million USD) |
---|---|
1 | 0-0.9 million |
2 | 1.0-1.9 million |
3 | 2.0-2.9 million |
4 | 3.0-3.9 million |
5 | 4.0 million and above |
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