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Making Critical Business Decisions

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. (Automobile Industry)
  • 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        
Technological change        
Change in preferences        
Costs and expenses        
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        
Red tape and corruption        
Blockage of funds or capital accounts        
Change in government        

Please submit your assignment.

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Category: Sample Questions