For each of these strategic issues that were addressed, what are some initiative options that can be used to address each option base on Ryerson Holding's annual report? And why?

Option 1:

Option 2:

Option 3:

Option 4:

Option 5:

Reference: https://s24.q4cdn.com/863552841/files/doc_financials/2021/ar/2021-10-K-Wrap-FINAL.pdf

1. Ryerson Holding's ability to generate sufficient cash flow to fund its operations and make required debt payments is a strategic issue because the company has a large amount of debt and may not be able to generate enough cash flow to cover its expenses. Ryerson has been investing heavily in new product development and expansion of its production capacity, which has led to increased debt levels. This is a strategic issue because the company needs to find ways to generate additional revenue to service its debt.

2. The company's exposure to increased steel import competition is a strategic issue because Ryerson Holding is a steel company and imported steel may compete with Ryerson's products.

3. The potential for continued industry consolidation is a strategic issue because if the steel industry consolidates, Ryerson Holding may be acquired by another company or may have to consolidate with another company.

4. The company's reliance on a small number of customers for a significant portion of its sales is a strategic issue because if one of those customers decreases their orders or goes out of business, Ryerson's sales will be significantly impacted.

5. Ryerson is facing increased competition from foreign manufacturers. This is a strategic issue because the company needs to find ways to differentiate its products and services in order to remain competitive.