1. Business Risks: Explain the business risks associated with prioritizing, planning, and resourcing each initiative and how these risks will be considered and monitored.

Initiatives: (I NEED MORE EXPLANATIONS BASED ON MY RISKS WRITTEN BELOW)

1)Higher Salaries for Employees:

• Increased operating costs
• Higher wages also come with increased employer payroll tax obligations.
• The money to spend on higher wages may come from profits if revenue hasn't also increased, meaning fewer employees can be hired.

2)Locally Sourced

Materials:

• Reliance on third parties whose performance runs counter to the entity's plans
• Delayed shipments
• Rising labor costs
• Quality claims
• Compliance issues

3) Reduce Carbon Footprint :

• Increased Business Costs
• Technology Changes
• Economic viability (inflation of offset prices)