Global Managerial Economics 4IP

800 words, including a completed table

As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee. You also need to put a plan in place to overcome it.

Assume that your business is visible and an important member of the community. Would the government encourage a decision to expand? How would it affect the reputation of the business?

Your assignment is to fill in the table. The following are instructions for completing the table:

• Choose an industry with which you are familiar or have an interest.
• For each risk type listed in the table, indicate with an xin the appropriate column if you are taking the perspective of an importer or exporter.
• Also make an assumption of what type of business (large, medium, or small) you will be using for each risk type by marking L, M, or S in the column.
• These factors will be used to contribute to your answer on how to overcome the risk for the industry and the business.