Emerging threats and counter measures Discussion 3

write for these three questions. Justify your answers using a level of detail appropriate for the graduate level. 

1. What are the opportunities and consequences for the company Blue Wood if it does not change its approach to the business?

2. Discuss how and why an FRM (financial risk management) or an ERM framework might benefit a company like Blue Wood.

3. What are the main challenges in developing and implementing a risk management framework for Blue wood? How does the ownership structure affect these challenges?