One of the most pressing risks identified by all of you was…
One of the most pressing risks identified by all of you was Mr. Green Tea’s reliance on an outside, third-party co-packing company to produce its ice cream products. In the event this third party co-packing facility was to sustain a loss (say a massive fire at its facility); this would present a significant risk to Mr. Green Tea = as it would have no way to produce its ice cream products. The identification of this risk was one of the key reasons the company decided to move forward with building its own, in-house manufacturing facility. The reliance on the third party co-packing company to produce Mr. Green Tea’s ice cream would be best described as which type of risk?