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In this assignment, you will put together a Consulting Proposal for the CEO of Retail Stores, a corporation with 200 locations nationwide. You will answer
In this assignment, you will put together a Consulting Proposal for the CEO of Retail Stores, a corporation with 200 locations nationwide. You will answer the questions listed below to formulate your proposal. Your answers must be in an essay format, with an example of how the essay should look in Files. The company, named Retail Stores, is a large retail chain, like Walmart. Their sales topped $500 million last year. However, the CEO anticipates tremendous growth in the next 2-3 years. To get there, however, the CEO has several risk management, and insurance concerns that she believes must be addressed. 1. The CEO wants to know your approach to evaluating and assessing risk. Explain your risk management process. 2. Also tell her the risks you would look for. Where would you look? Please give specific examples. 3. How do you measure risk? Please give examples using hypothetical scenarios. 4. The CEO has concerns about theft, as several stores have had huge losses in this area. The CEO wants to know about any new risk technologies that can be used to address these losses. Assume the company uses only security guards at the doors. 5. Please also explain your decision-making process on whether to recommend spending money on any new technology(s) or to recommend they continue handling the losses as they do presently
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