Question.5193 - In the 2019 Global Risk Report published by the World Economic Forum, there is a summary which places disruptions in one of four corners of a matrix based on the likelihood of an event and its impact. Pick two events in two quadrants – one from the worst, being the top right and one from another quadrant. Tell us about the event and how the WEF or others may have placed these events where they did and why.
Answer Below:
According to the 2019 Global Risk Report published by the World Economic Forum (WEF), the risk is classified in accordance with its probability and po...
According xx the xxxxxx Risk xxxxxx published xx the xxxxx Economic xxxxx WEF xxx risk xx classified xx accordance xxxx its xxxxxxxxxxx and xxxxxxxxx impact xxxxxx formed x matrix xxxxx visually xxxxx what xxxxxx require xxx most xxxxxx consideration xxxxxxxxxxxx tend xx be xx the xxx of xxx list xx the xxxxxxxxx quadrant xxxxx is xxx category xx events xxxx have x high xxxxxxxxxxx and x high xxxxxx Cyberattacks xxx viewed xx highly xxxxxx and xxx lead xx high xxxxxxxxxx throughout xxxxxx supply xxxxxx endangering xxxxxxxxxxxxxx sustainability xxxxxxxxxxx protection xxx economic xxxxxxxxxxx Such x location xx the xxxxxxxx of xxxxxxxxxxxx is xxxxxxxxxx of xxx growing xxxxxxxxxxxxxx observed xxxxx supply xxxxx management xxxxx the xxxxxxxxxxxx and xxxxxxxxxxxxxxx of xxxxxxxxxx enhances xxx risk xxx impact xx such xxxxxxxxxx Schlegel xxx Trent xx - xxxxxxxxxx a xxxxx crisis xx usually xx another xxxxxxxx which xx the xxxx impact xxx less xxxxxx Water xxxxxx is xxx unavailability xx underutilisation xx water xxxxxxxxx which xxxxxxxx devastating xx case xx its xxxxxxxxxx is xxxx likely xx affect xxx cyber xxxxxx immediately xxxx cyberattacks xx This xxxxxxxx selection xx justified xx the xxx because xxx causes xx water xxxxxxxx are xxx multifactorial xx they xxx be xxxxxx by xxxxxxx change xx overuse xx the xxxx Even xxxxxx water xxxxxx may xxxxxx whole xxxxxxxxxx e x agriculture xxx manufacturing xxxx are xxxx geographically xxx temporally xxxxxxxxxxxx Schlegel xxx Trent xx - xxx use xx probabilistic xxxxxxxx and xxxxxxxx analysis xxxx events xxx informed xx explained xx Schlegel xxx Trent xxxxx justifies xxx risk xxxxxxxxxx processes xxxx by xxx WEF xx these xxxxxx threats xxxx strategy xxxx strengthen xxxx mitigation xxx help xxxxxxxxxxxxx to xxxxxxx specific xxxxxxxx plans xxxxxxxxx to xxx possible xxxx characteristics xxxxxxxxxxxxxxxxxx G x Trent x J xxxxxx Chain xxxx Management xx Emerging xxxxxxxxxx Chapters xxxxxx Francis xxxxx