Discuss, analyze, and indicate the importance of each of the five strategies for dealing with threats or opportunities. Depending on if you picked option 1 or 2, you will discuss each of the five applicable strategies and provide an example for each strategy. One format that works very well is to include an overall section briefly discussing threats or opportunities, based on what you picked, then having five subheadings for the five strategies with the discussion and example for each.
Discuss the impact of the different strategies for threats versus opportunities with regard to risk responses. You will briefly discuss the risk responses for both threats and opportunities.
Some of my past students have missed the second part. It could cost you many points and understanding of risk responses if you do not include it. An outline for this paper could look something like:
