Assignment:
As an owner of a visible U.S. business that is valued in the community, you are making a final decision regarding the international aspects of a business decision, and you decide to set up a table with various risks.
The following are detailed instructions for completing the table:
- Choose an industry with which you are familiar or have an interest.
- For each risk type listed in the table below, indicate with an X in the appropriate column whether the risk will affect them as an importer, as an exporter, or both (In that case, put an X in both columns.).
- Also, classify each risk as large (L), medium (M), or small (S)
- Using these factors, provide a brief answer on how to overcome the risk for the industry and the business.
Include at least 4 professional references, and follow APA formatting.
|
Risk
|
Importer
|
Exporter
|
L/M/S
|
How to Overcome It
|
|
Economic conditions
|
|
|
|
|
|
Fluctuations in industry
|
|
|
|
|
|
Competition
|
|
|
|
|
|
Technological change
|
|
|
|
|
|
Change in preferences
|
|
|
|
|
|
Costs and expenses
|
|
|
|
|
|
Regulations
|
|
|
|
|
|
Expropriation
|
|
|
|
|
|
Interest rates
|
|
|
|
|
|
Government monetary policy
|
|
|
|
|
|
Government fiscal policy
|
|
|
|
|
|
Internal and external wars
|
|
|
|
|
|
Difference in culture and religion
|
|
|
|
|
|
Ownership of factories and property
|
|
|
|
|
|
Human resource restrictions
|
|
|
|
|
|
Intellectual property
|
|
|
|
|
|
Discrimination
|
|
|
|
|
|
Red tape and corruption
|
|
|
|
|
|
Blockage of funds or capital accounts
|
|
|
|
|
|
Change in government
|
|
|
|
|
Please submit your assignment.