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 | ||||
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.
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Category: Sample Questions