Chapters 30, 31, and 34 presented three mini-case studies on ERM and risk. Each one presented a slightly different risk scenario. Suppose General Motors wants to replace one of their traditional lines of vehicles with all electric models. How could GM use game theory to identify and assess the major risks to this decision? Identify two major risks that would result from GM converting an existing line to an all-electric line. Provide a brief discussion of each risk, and your assessment of the levels of inherent, current, and residual risk, using GMâ€™s five point scale.
Select AT LEAST 3 other students’ threads and post substantive comments on those threads, evaluating the pros and cons of that studentâ€™s recommendations. Your comments should extend the conversation started with the thread. Replies should be completed by Sunday.
ALL original posts (4 in total) and comments must be substantive. (I’m looking for about a paragraph – not just “I agree.”).