Question
Identify 5 of the greatest risks for the expansion of NatureCare from an online company to a retail storefront. Include both a risk matrix and
Identify 5 of the greatest risks for the expansion of NatureCare from an online company to a retail storefront. Include both a risk matrix and a risk action plan and include the following
An assessment of the likelihood of the risks occurring, as well as the severity of the risk, should it
occur.(risk matrix)
Identification of at least one suitable treatment measure for each of the five risks; and priority rating
(high, medium or low) to show the order in which risks must be treated.
Also, include a risk evaluation for treatment that sets out for each risk the:
risk description
impact of risk
recommended actions
resource requirements
timelines
responsibilities
monitoring processes
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