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Managing the Risk of Value Chain Outage(s)
Describe what would happen to a company’s value chain if all electronic devices and systems suddenly were unavailable and an expected time for resolution time is unknown. How might a company prepare for and manage the risk associated with potential outages? Could a value chain be maintained without electronics and technology to support it? If so, how?
The response should use first person (“I”, “me”) perspective.
Compose a response of at least four paragraphs of 4–5 sentences per paragraph.
The most important inputs for Risk Management Planning include: Environmental factors, organizational process assets, scope statement, and project management plan.
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