Both the core activities and the core assets of Australia Post are presently being threatened. As a risk manager, you recommend:Group of answer choicesInvest heavily in existing assetsManage new asset expenditure and diversify businesses to enter new industries.Manage new asset expenditure to reduce long term asset holding riskMaintain the current business structure and operations
Question
Both the core activities and the core assets of Australia Post are presently being threatened. As a risk manager, you recommend:Group of answer choicesInvest heavily in existing assetsManage new asset expenditure and diversify businesses to enter new industries.Manage new asset expenditure to reduce long term asset holding riskMaintain the current business structure and operations
Solution
As a risk manager, I would recommend managing new asset expenditure and diversifying businesses to enter new industries. This approach would not only provide a safety net for Australia Post by spreading the risk across different industries, but it would also potentially open up new revenue streams. Investing heavily in existing assets could be risky given the current threats, while reducing long term asset holding risk might not address the core issues. Maintaining the current business structure and operations could be detrimental if the threats to the core activities and assets continue or increase.
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