Export Import Business Course

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Export Import – EXIM Business Risk Management

International business and trading – involving export and import – although quiet an attractive option, is also full of uncertainties and perils, so before stepping into this dynamic domain, it is quite appropriate to take a toll of the perils involved in this activity. The risks, as stated, involved in the international trade are permeated by several factors that may act as barriers. These risks can be broadly categorized into following:

(1) Risk in Foreign Market Entry Strategy
(2) Wide Distance And Communications Risk
(3) Foreign Exchange Rate Risks
(i) Exchange Rate Risk
(ii) Currency Control Risk
(4) Sales Agreement, Contract And Transaction Risks
(5) Managing Political Risk
(6) Foreign Laws Risk
(7) Commercial Risks
(8) Cargo Risk

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