solved I’m working on a management question and need an explanation
I’m working on a management question and need an explanation to help me study.
Question 1 – Read and reflect on the assigned readings for the week ( chapter 5,6) and post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Also, provide a graduate-level response to each of the following questions:If the CEO of a beverage company such as Dr Pepper Snapple asked you whether backward or forward integration would be better for the firm, how would you respond?Explain why cultural factors should be an important consideration in analyzing and choosing among alternative strategies.Question 2 – Choose a journal article related to project status reporting, budgeting, or risk analysis and write a 2-3 page review of your chosen journal article. Please choose a peer reviewed journal, and an article that has been published in the past five (5) years with journal article’s title, author’s name and year of publication.Your paper should contain the following headings – Introduction, Summary of the article, Relevant points made by the author, Critique of the article, Application of the concepts in the articleQuestion 3 – As project manager in construction company, identify 4 risks (required details below), 4 planned expenses (name them), and two milestones – a. Risk Name – a brief name of the risk b. Risk Description – a short description of the risk c. Category – what type or risk is it e. Likelihood – on a scale of 0-5 (reference the drop-down), what is the likelihood that this risk will occur. f. Consequence – on a scale of 0-5 (reference the drop-down), what is the overall consequence to the project if this risk occurs g. $ Impact if Risk Occurs – using a dollar value, what would be the financial impact if the risk occurred h. Trigger Event – what to watch for to know if this risk is starting to occur i. Mitigation Plan – what are some steps you can do to help reduce the likelihood of the risk from occurring