PRQ - Disc 5

 provide a graduate-level response to each of the following questions:Risk concerns both positive and negative aspects of a possible event. For example, when the covid 19 crisis occurred it offered an unexpected business advantages or new product for certain organizations - a positive risk came to volition for these organizations. Also, the crisis offered an unexpected negative risk, where no one would come to a movie theatre - a negative risk volition.  

1. How should an organization prepare for either type of event?
2. How should a business avoid negative events occurring and enhance opportunity for positive events?
3. Explain the concept of a Pareto Chart - provide an example - explain how the concept of the Pareto Chart might be used in making decisions about handling negative risks which could impact a project or organization.

APA format 500 words