Discussion

Chapters  30, 31, and 34 presented three mini-case studies on ERM and risk. Each  one presented a slightly different risk scenario. Suppose General Motors  wants to replace one of their traditional lines of vehicles with all  electric models. How could GM use game theory to identify and assess the  major risks to this decision? Identify two major risks that would  result from GM converting an existing line to an all-electric line.  Provide a brief discussion of each risk, and your assessment of the  levels of inherent, current, and residual risk, using GM’s five point  scale.

To  complete this assignment, you must do the following: Suppose General  Motors wants to replace one of their traditional lines of vehicles with  all electric models. How could GM use game theory to identify and assess  the major risks to this decision? Identify two major risks that would  result from GM converting an existing line to an all-electric line.  Provide a brief discussion of each risk, and your assessment of the  levels of inherent, current, and residual risk, using GM’s five point  scale.