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Risk Management
Scenario: You are the security manager for a 500 employee chemical plant in southern Florida. The CEO has asked for you to diversify risk management for the company by transferring risk, accepting the risk, and mitigating risk for the following threats:
- Fire
- Hurricane
- Chemical Contamination
- Internal Theft
- Bomb Threats
Write a 1,050- to 1,400-word risk management plan, recommending at least one risk management option for each of the five threats.
Justify why the risk management option is the best choice for each threat and explain why the combination was chosen will provide the best return on investment for the company.
Format your paper consistent with APA guidelines.
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