Task: Kingston Williams is the owner and operator of Bob's Diner, a popular restaurant in downtown Chicago. Last month, Bob's meat supplier recalled some hamburger for fear of E. coli contamination. One of Bob's cooks was recently injured in a kitchen fire and a waitress is complaining about pain in her elbow from carrying serving trays. Del noticed two weeks ago that there was $60 missing from the cash register, and this week another $80 is missing. Bob's has an excellent takeout business, and the diner is considering providing delivery to a limited area using a vehicle owned by the diner. Bob's bookkeeper suggested that Delbert should establish a risk management program to address the many loss exposures faced by the business. Risk management is a process that identifies and analyzes loss exposures, and uses a variety of techniques, including insurance, to treat these loss exposures. Delbert hopes that by implementing a risk management program, losses will decline and the business will be better prepared when losses occur. Requirment: Identify the major loss exposure faced by Bob's Diner. - For each of the loss exposures, identify a risk management technique or combination of techniques that could be used to handle the exposure. - Describe several sources of funds for paying losses if retention is used is used in the risk management program