1. Risk analysis is a critical component of risk management. When conducting this activity, what are the two components of risk that must be analyzed? Why are they important? 2. What are the key...

1. Risk analysis is a critical component of risk management. When conducting this activity, what are the two components of risk that must be analyzed? Why are they important?

2. What are the key outputs of a risk assessment process? What should be done with these outputs?

3. Describe the three types of strategies that a company can deploy to proactively limit its transportation risks.