Northeast Colorado Telephone Systems (NCTS) manufactures routers for commercial use and is planning to enter the residential market. You and your classmates are employees of NCTS and have been tasked with ensuring that risks associated with entering the residential market are managed. You have been asked to present information on risk management elements to the VP of operations for this project.
What must you consider for elements listed in Section 1 of the interactive lecture?
Develop consensus with your classmates on the information you will present to the VP of operations on risk management. Peer responses should address decision factors, actions, and results.