Scenario: Risky Business
Global Trading, LLC is a distributor of computer software and hardware, steel and copper scrap, and telephone and electric utility equipment. Involved in three very different types of industries, the company faces many types of risks in its global business.
-Which of these techniques could have potentially helped Global Trading in managing such a risk?

Question

Quizplus · Accepted Answer

Adaptation, information gathering, and influencing local politics are all strategies that can help manage risks in global business by adjusting to local conditions, understanding market dynamics, and navigating regulatory environments.

Scenario: Risky Business Global Trading, LLC Is a Distributor of Computer Software and Computer