Question: This is a timely discussion given the current global events surrounding the pandemic, Markets are interconnected and can be fragile. The US stock market is
This is a timely discussion given the current global events surrounding the pandemic, Markets are interconnected and can be fragile. The US stock market is down again today, based on Congress not passing the proposed stimulus. If it is passed, the Dow may go up again-world events can have dramatic Impacts. For companies doing business in other countries, due diligence and research must be conducted in at risk countries which could include natural disasters or corrupt governments or civil war. American companies do business in many conflict zones, including Iraq and they take a much greater risk than normal. A cost-benefit analysis is the key before entering into a risky market. what are some mitigation techniques companies can employ?
Step by Step Solution
There are 3 Steps involved in it
The question is complete Heres a detailed response To mitigate risks when operating in highrisk markets companies can employ several strategies Step 1 ... View full answer
Get step-by-step solutions from verified subject matter experts
