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Sub-tier Risk Factors: Trying to control the uncontrollable

Sub-tier risks can come from controllable to completely uncontrollable sources. The goal is to identify those areas where there is an opportunity for control and put processes in place to manage them and to develop contingency plans for dealing with the uncontrollable. Uncontrollable factors can include geo-political strife and natural disasters. A semi-controllable factor can be commodity prices. [...]