Joshua has been hired to advise his client (Marta) on issues related to minimizing risk to her large, complicated business. Marta's business has grown significantly over the last few years and now operates severaldifferent business units across a total of 32 countries. Marta has identified 4 specific concerns and has asked Joshua to develop a risk management strategy to deal with her specific concerns. For each concern,identify an appropriate risk management strategy, explain why you believe each of the strategies is appropriate, and describe why you believe the strategy will lessen risk to her business. Do NOT use the same riskmanagement strategy twice!One of the countries in which the business operates has already 'nationalized' some industries and rumours are strong that they might nationalize one of Marta's business. (to "nationalize" means that acountry takes over ownership and control of a privately owned business - sort of like Cuba did back in Castro's early days in power).2. They suffer a significant loss every year associated with theft behind her 10 warehouses.3. Several customers have slipped and fell as they have entered her buildings.4. Marta operates a number of theme parks around the country. There have been a few incidents where people on rides have been injured. In spite of a number of large claims, the profits in the business are stillsubstantial.

QUESTION 2 8 points Save Answer Joshua has been hired to advise his client (Marta) on issues related to minimizing risk to her large, complicated business. Marta's business has grown significantly over the last few years and now operates several different business units across a total of 32 countries. Marta has identified 4 specific concerns and has asked Joshua to develop a risk management strategy to deal with her specific concerns. For each concern, identify an appropriate risk management strategy, explain why you believe each of the strategies is appropriate, and describe why you believe the strategy will lessen risk to her business. Do NOT use the same risk management strategy twice! 1 One of the countries in which the business operates has already 'nationalized' some industries and rumours are strong that they might nationalize one of Marta's business. (to "nationalize" means that a country takes over ownership and control of a privately owned business - sort of like Cuba did back in Castro's early days in power). 2. They suffer a significant loss every year associated with theft behind her 10 warehouses. 3. Several customers have slipped and fell as they have entered her buildings. 4. Marta operates a number of theme parks around the country. There have been a few incidents where people on rides have been injured. In spite of a number of large claims, the profits in the business are still substantial