QUESTION 2 (20 Marks) With reference to any examples of your choice, critically discuss what risk analysis entails. Your response should provide a detailed description of its components and variables. QUESTION 3 (20 Marks) The CEO of Smith and Nephew, a prominent global pharmaceutical company, has asked you to explore the components of effective risk management within the pharmaceutical industry. Provide an overview of what your response would encompass. QUESTION 4 (20 Marks) With reference to any examples of your choice, analyse the methods that can be employed to quantify the risk of loss or adverse consequences stemming from deficient internal processes, systems, personnel, or external occurrences. QUESTION 2 (20 Marks) With reference to any examples of your choice, critically discuss what risk analysis entails. Your response should provide a detailed description of its components and variables. QUESTION 3 (20 Marks) The CEO of Smith and Nephew, a prominent global pharmaceutical company, has asked you to explore the components of effective risk management within the pharmaceutical industry. Provide an overview of what your response would encompass. QUESTION 4 (20 Marks) With reference to any examples of your choice, analyse the methods that can be employed to quantify the risk of loss or adverse consequences stemming from deficient internal processes, systems, personnel, or external occurrences