1. #1. Tessile, S. A., a company based in Turin, Italy,
#1. Tessile, S. A., a company based in Turin, Italy, is a medium-size company that
manufactures, sells, and exports textiles. An increased demand for the company’s high-
quality textiles has led to the approval by its CEO, Giuseppe Franco, to implement a major
expansion to other markets. Mr. Franco is seen as a visionary leader in the textile industry
as he transformed a cotton plantation company into one of the major textiles companies in
northern Italy.Mr. Franco recently led an aggressive and successful series of acquisitions of
wineries in southern and central Italy. Mr. Franco wants to follow these acquisitions by
purchasing and introducing Tessile S.A. to the tourist and cheese industries. However, these
last winery acquisitions left the company in serious debt and with its shares losing value
due to the perceived negative view of Mr. Franco’s strategy by its shareholders moving
away from their core textile business.You have been assigned to advise Tessile, S.A. board of
directors on identifying potential hazards, threats, and risks of Tessile’s business
strategies.Create a document presentation that consists of at least 7 sections as to
considerations and process. Be sure to include the following information in your
packet:Explain the process you will use to identify potential hazards, threats, and risks of
the company’s current business strategies.Identify the potential hazards, threats, and risks
that you discovered when using your process.Be sure to include notes in your presentation
where necessary. All sources used, including the textbook, must be referenced; paraphrased
and quoted material must have accompanying citations.Requirements:There is no minimum
or maximum required number of pages. Your response will be considered complete, if it
addresses each of the components outlined above.Use of proper APA formatting and
citations – If supporting evidence from outside resources is used those must be properly
cited. A minimum of 7 sources (excluding the course textbook) from scholarly articles or
business periodicals is required.Include your best critical thinking and analysis to arrive at
your justification.TextTitle: Managing Project Risks ISBN: 9781119489733 Authors: Peter J.
Edwards, Paulo Vaz Serra, Michael Edwards Publisher: John Wiley & Sons Publication Date:
2019-08-13
