Risk Strategy
The automotive redesign project is scheduled to run until the end of the year. There is the possibility that the union collective bargaining agreement will not be renewed immediately upon its expiration in the next month. If this happens, Senior Management has decided to give in to the union demands because the union labor play a key part in the success of the project, and the project finish date cannot slip because of a government required date. This is an example of what type of risk response?
1. Avoid
2.Accept
3. Transfer
