3.2.1 Risk analysis categories
Twelve indicative risk analysis categories include :
Internal
- Quality improvement and management systems.
- Product design, existing market position, ability to innovate.
- Staffing levels, employee support or existing competencies.
- Administration and finances (i.e. cash flow, availability of government funding, etc.).
- Available non-financial resources (i.e. workforce capacity).
- Technology change.
External
- Changing client needs.
- Community support.
- Policy change.
- Slow economic growth.
- Market competitiveness, increased competition.
- Business direction.