Imagine an organization decides to hire an outside vendor to produce products instead of manufacturing them in house. Using the...

Imagine an organization decides to hire an outside vendor to produce products instead of manufacturing them in house. Using the information presented in “Common Influences on Risk Perception” Figure 6-3 (Hillson and Simon text), determine the conscious factors, subconscious factors, and affective factors for this project. Analyze how awareness of those factors influences the decision of hiring outside vendor. In addition, analyze how those factors help improve the overall facilitation and effectiveness of the risk management.