This website uses cookies to ensure you have the best experience. Learn more

Sources Of Risk In Global Business

799 words - 4 pages


Sources of Risk in Global Business- Global businesses are exposed to a number of risks. The interest in this subject is purely academic. I once worked for a company that outsourced a large percent of its labor to China. I often hear about the tax breaks and cheap labor found in other countries, which also peaked my interest. Surely, companies face obstacles when decided to deal globally, choosing this topic allowed me to research those obstacles and the risks companies face when dealing globally.


Sources of risks faced by global businesses include political, economic and cultural climates. Economic risk is the chance that ...view middle of the document...

In Managing Political Risk in Global Business, Jones and Lubinski provide the history of political risk in global business, dating as far back as World War II. An example of “cloaking” by German companies is used to illustrate political risk in its early years. Sourcing in global health supply chains for developing countries explores the importance of effective chain supplies in developing countries. The author discusses the challenges associated with sourcing and purchasing vaccines in developing countries. Both political and cultural risks can interfere with the vaccines supply chain. Global Risk Factors (Rogoy,2006) explores the different risks associated with global business. It explores the importance of technology in global business. An example on how different climates affect machinery was particularly interesting. The article also explores other economic risks such as health, conflicts, and incorrect management decision. Businesses who operate globally are exposed to a wider variety of risks than those who operate domestically. Identifying and mitigating economic, political, and culture risks are integral to the survival of the business.


Jones, Geoffrey & Lubinski, Christina. "Managing Political Risk in Global Business: Beiersdorf 1914–1990." Enterprise & Society 13.1 (2012): 85-119. Project MUSE. Web. 11 Sep. 2015. . Retrieved from:
Ila Manuj. "Risk Management in Global Sourcing: Comparing the Business World and the...

Other Papers Like Sources of Risk in Global Business

Analyse Different Types of Business Information and Their Sources

1120 words - 5 pages Task 1B How Southern Regional College communicates with the public. An analysis of their communication methods and sources External methods of communication The external methods of communication SRC uses are the SRC website, newspapers, leaflets, brochures, handbooks, Facebook, information meetings and group talks at SRC. SRC uses its website to attract and communicate with more people where they can have a look from anywhere in the

Sources of Skill Shortages in Britain

3303 words - 14 pages Sources of Skill shortages in Britain This assignment discusses the reasons for skills shortages in Britain. This assignment is divided into four portions. First part will describe the how the shift in policy making shifted from industrial relations toward skills. Second part will describe the main factors that were causing Britain’s employees to be less productive by comparing it with Germany. The third part will discuss the various

Canada in the Global Business Environment

836 words - 4 pages Canada: A trading nation? You are preparing for a top-level meeting between the Minister of International Trade, the Minister of Foreign Affairs, and senior business executives representing several multinational corporations as well as a large group of small- and medium-size enterprises. The objective of the meeting is to discuss Canada’s strategy in responding to the changing global business environment. Expectations are high since everyone

Global Business Environment Analysis of Apple

3774 words - 16 pages environmental change dynamically, Apple responded by adapting its business model and strategy in order to struggle for survive. Since Apple was keep losing market share in personal computer industry, Apple has been tried to create new business model to create new source of income. Through its research and development, Apple decided to enter digital media sector, by creating innovative design iPod and iTunes. As a result, iPod and iTunes are successful due

Explain the Different Sources of Law in England

1838 words - 8 pages ETMA02 | March 22 2013 | Personal Identifier: C2507317 | James Delaney | Q1 Explain the Different Sources of Law in England Using Examples from Block 1 of W100 Laws are official codes which have the backing of state powers of enforcement and sanctions, the major sources of law in England are the Westminster Parliament, Common Law, and the European Union and the European Court of Human Rights. Laws made by Parliament are called

P4 – Describe Sources of Internal and External Finance for a Selected Business

932 words - 4 pages (external sources) Internal sources Caledonia can get financial resources internally from the business owner’s saving or from the profit that Caledonia makes. Owner’s savings The sole trader of Caledonia will have to use his own savings to start the business. This is because sometimes a bank may not want to invest in the business, because they don’t want to take the risk. Capital from profits Source | Details | Benefits | Drawbacks | Banks

P1, P7 and M1- Explain Different Types of Business Information, Their Sources and Purposes

853 words - 4 pages time in the business it is not possible to meet face to face so other methods are going to be used e.g. having a phone conference. Verbal communications are used by different types of electronics like: phones, video chats, TV (e.g. adverts), computers. Etc. Verbal communication can be done visually. Visual communication it is the communication which is done through sight. Such as facial expression, gesture, eye contact, signals, map, chart

Role of Risk in Contemporary Society

1396 words - 6 pages the climate from the burning of fossil fuels do not only affect those doing the burning, but also have repercussions all over the globe (Woodward, 2010, p. 165). A risk society, therefore, is one increasingly dependent on the often contested knowledge of experts to warn against sometimes invisible threats, where class and wealth can no longer protect against risks that may have global potential. What are the effects of living in a risk society

Differences In World Culture Closely Related To Global Business Operation

677 words - 3 pages Differences in World Culture Closely Related to Global Business Operation 梁宇轩 20130250016 Now the world is increasingly globalized and the world seems to become smaller since the vehicle become more and more advanced. It is very easy for a person to travel and do business all over the world. But the advanced vehicle could not speed up people to know others abroad because of the cultural difference. While doing business in a foreign country

Identify Sources of Support and Information for the Setting Up and Running of Your Home Based Childcare Business

807 words - 4 pages 1.6 Identify sources of support and information for the setting up and running of your home based childcare business. Once deciding to become a child carer you are required to: Have the appropriate qualifications, training and skills, as set out by the Early Years Foundation Stage (EYFS). This framework ensures all childcare providers - including childminders- adhere to the same guidelines. Local career advisers in colleges can advise you

Global Business Strategies - Case Study of Google Into China

848 words - 4 pages (Hill, 2009). Conclusion Google faced challenges that made them move into the grey area of their mission and values. However, given the potential business opportunity presented by locating an operations center in China, Google found the opportunity for growth to be greater than the risk. Considering a strategic plan for setting up operations and addressing the public that would question their motive, Google was able to successfully grow into a new

Related Essays

Business Sources And Nature Of Change

1931 words - 8 pages Executive Summary JB HI FI is an electronics store that has through its management adapting to change has been a success which is shown through its market share in that area. JB HI FI’s Dominates stems from it identifying the need for change, setting achievable goals and its business culture. This report will: * Describe the sources and the Nature of change being experienced by business. * Analyse how effective management has been in

Risk Of Doing Business Abroad Essay

620 words - 3 pages The Risk of doing Business Abroad Risk of doing Business Abroad How can a company eliminate the risk of foreign exchange rate while doing business overseas? Simple do not do business overseas. * Economic Exposure: When changes occur in rates, operating costs will make a product uncompetitive in the global market. Profits will be diminished. There is very little that a company can do about economic risk. * Translation Exposure

Conflict In Global Business Essay

994 words - 4 pages In today’s world, more companies are selling their products globally in an effort to increase their revenue. For example, Johnson and Johnson whose domestic market is in USA now generate more revenue globally than its domestic revenue. The increase in its global business revenue has lead the company building factories strategically in different part of the world so that it will be able to streamline its logistic reaching target market. This can

Managing Weather Risk In Seed Business

1645 words - 7 pages Managing Weather Risk in Seed Business Weather Risks of a Seed Company Weather risk for a seed company is the risk of drop in sales volume on account of adverse weather conditions like excess / deficit in rainfall, extreme temperature and humidity conditions etc. Indian agriculture is predominantly dependent upon monsoon rains, with more than 60% of cultivated area in Kharif being rainfed. This rainfed nature of Indian agriculture makes the