Monaco Ltd is a company incorporated in Kenya, and hopes to do business in the international arena, distributing the Kenyan fresh produce, tea and Coffee. You have been hired as a risk manager.

Required

a) As the risk manager of the company provide an account of the FIVE different kinds of risks that Monaco Ltd would face while operating outside Kenyan territories. [10 Marks]

b) In the recent times a debate on whether government should adopt a define benefit or define contribution pension scheme has raged on. Briefly highlight the Key differences among these two schemes by pointing out the most desirable scheme that government should adopt.