As a newly hired consultant, I have been tasked with the duties of creating and presenting a risk management and business contingency plan for my first client, ORAZON Corporation. ORAZON Corporation operates retail clothing stores worldwide and sells clothing on the web. A. A risk is the likelihood of something undesirable happening at a given time (Merna, 2008). Risk management is a two-step process ̶ identifying what risks exist and then handling them in the way best-suited to the business objectives (Investopedia, 2012 at).ORAZON is a well-known corporation that started in 1930. From a company that opened the first clothing website and sold the first shoes and clothes on the World Wide Web, the corporation is recognized globally. ORAZON also hosted its website in Ghana, a country located on the west coast of Africa. ORAZON has customers worldwide that buy its clothing on the website. ORAZON ships its products to customers from almost every country in the world on a daily basis. Like any other business, many risks must be considered. Below is a risk register that shows eight risks currently facing ORAZON. 1. Risk one is power outage Description:| ORAZON Corporation hosts its website from Ghana. Ghana is a country situated on the West African coast. Ghana has a history of a constant power outage because Ghana is a poor country that does not have money to update its electrical grids. ORAZON Corporation needs electrical power to host its website. The company also needs to provide light to the employees that work in Ghana, In the case of a power outage, or the employees won't be able to do any job, and the company would have to keep the stores doors close. ORAZON will lose its place in the global market by not be able to show its products on the website. Another country that had constant power outrage because of flooding is Brazil. Brazil is a country