Risk Treatment and Response Plan

Select three fictitious competitive risks that you believe would be of concern in the acquisition of a new product at your fictitious company. You may want to use the threats you identified from the week 1 S.W.O.T assignment but that is not necessary. You should provide a paragraph for each risk, establishing what the threat or risk is or could be that would cause the real or potential risk to occur. You should also explain where you would look for the data to perform the analytics-based assessment of the risk.

You should then provide your early views on the risk impact and the likelihood that it could occur. This should be followed by a few paragraphs describing how you will interact with your team and senior managers to complete the risk assessment.

Sample Solution

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