Please take the paper I have uploaded and make some alterations. It needs to include a discussion about the impact of the different strategies for threats versus opportunities with regard to risk responses. You will briefly discuss the risk responses for both threats and opportunities. Please see some clarification below. Please also look at the References and make sure they are scholarly, peer-reviewed articles and that they are in the correct apa format. Thank you!
This assignment seems to trip students up. There are two main parts to this assignment.
Discuss, analyze, and indicate the importance of each of the five strategies for dealing with threats or opportunities. Depending on if you picked option 1 or 2, you will discuss each of the five applicable strategies and provide an example for each strategy. One format that works very well is to include an overall section briefly discussing threats or opportunities, based on what you picked, then having five subheadings for the five strategies with the discussion and example for each.
Discuss the impact of the different strategies for threats versus opportunities with regard to risk responses. You will briefly discuss the risk responses for both threats and opportunities.
Some of my past students have missed the second part. It could cost you many points and understanding of risk responses if you do not include it. An outline for this paper could look something like:
Introduction (brief overview of threats or opportunities)
Five Strategies with Examples
Escalate
Avoid (option 1) or Exploit (option 2)
Transfer (option 1) or Share (option 2)
Mitigate (option 1) or Enhance (option 2)
Accept
Risk Responses for Threats versus Opportunities
Conclusion
I hope this helps. Please let me know if you have questions.
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