Question: Risk Management
Case 1: Discusses Young Again Pharmaceuticals. The three options that this firm has to manage risk are risk retention, risk transfer, or a mixed approach. In 200 - 250 words, discuss your recommendations on how this company should evaluate and implement these techniques to manage risks.
Reference
Coyle, J., Novack, R.A., Gibson, B.J., & Barbi, E.J. (2011). Transportation: A Supply Chain Perspective (7th ed). Mason, OH: South-Western Cengage Learning.