General Articles

Risks in International Business

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Just as there are reasons to get into global markets, and benefits from global markets, there are also risks involved in locating companies in certain countries. Each country may have its potentials; it also has its woes that are associated with doing business with major companies. Some of the rogue countries may have all the natural minerals but the risks involved in doing business in those countries exceed the benefits. Some of the risks in international business are:

(1) Strategic Risk

(2) Operational Risk

(3) Political Risk

(4) Country Risk

(5) Technological Risk

(6) Environmental Risk

(7) Economic Risk

(8) Financial Risk

(9) Terrorism Risk

Strategic Risk: The ability of a firm to make a strategic decision in order to respond to the forces that are a source of risk. These forces also impact the competitiveness of a firm. Porter defines them as: threat of new entrants in the … Read More

New Technology

What Is Technology Meaning Of Technology And Its Use

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Photo voltaic Electrical automobile, Quant NLV Photo voltaic AG Electric Automobile- It is still presented as a Idea Automobile-, with some aerodynamic features and windows designed for optimum daylight consumption and this gives the slick look of the automobile design. The notion of technology is linked to the physique of data that enable manufacture objects and modify the environment, what is completed with the intention of satisfying any need. In conclusion the technology is the science with which man studies, analyses, repairs and considers the perfect alternatives with a view to have a life extra full, protected, quiet and present.

In a 2013 survey of 12,000 professionals by the Harvard Enterprise Overview, half said they felt their job had no which means and significance,” and an equal number were unable to relate to their firm’s mission, while another ballot among 230,000 staff in 142 countries confirmed that solely thirteen% of … Read More