Q What were the risk factors? 1. How did BP executives manage the risks or what was management’s strategy of risk management? 2. What were the consequences of the risk management failure? 3. What would you have done to manage the risk factors?

Q 1. What was the threat to Toyota as it faced the sticky gas pedals crisis? 2. What happened to the name Toyota during the crisis? 3. What do the Toyota recalls tell you about risk assessment? 4. What would you have done differently to Toyota before the sticky gas pedals crisis broke? 5. Given the sticky gas pedals crisis, what should risk managers do? Give examples. 6. How would you have handled the recalls? 7. How would you characterize the messages issued to consumers during the recalls? Why? 8. What do the Toyota recalls tell you about risk management as a form of crisis prevention? 9. What is the benefit of having internal risk assessment programs? 10. What do you think of the president of Toyota’s apology asserted during a congressional hearing? 11. What was its purpose? Would you have recommended it? Why?