TIMES ROMAN 12PT.
DOUBLE SPACED
IN-TEXT CITATION AND REFERENCES MUST BE INCLUDED
ECONOMICS
 
Phase 4 Individual Project
Deliverable Length:
A completed table + 800-1,000 word summary
Details:
Weekly tasks or assignments (Individual or Group Projects) will be due 
by
 Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus. NOTE: All submission posting times are based on midnight Central Time.
As an owner of a visible business that is valued in the community, you are making a final decision regarding the international aspects of a business decision, and you 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. Two main considerations are central to the decision:
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 and then provide a brief summary of your decision, highlighting the two above considerations. 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 
X
 in the appropriate column whether the risk will affect them as an importer or an 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.
Using these factors, provide a brief answer on how to overcome the risk for the industry and the business.
Risk
Importer
Exporter
L/M/S
How to Overcome It
Economic conditions
 
 
 
 
Fluctuations in industry
 
 
 
 
Competition
 
 
 
 
Technological change
 
 
 
 
Change in preferences
 
 
 
 
Costs and expenses
 
 
 
 
Regulations
 
 
 
 
Expropriation
 
 
 
 
Interest rates
 
 
 
 
Government monetary policy
 
 
 
 
Government fiscal policy
 
 
 
 
Internal and external wars
 
 
 
 
Difference in culture and religion
 
 
 
 
Ownership of factories and property
 
 
 
 
Human resource restrictions
 
 
 
 
Intellectual property
 
 
 
 
Discrimination
 
 
 
 
Red tape and corruption
 
 
 
 
Blockage of funds or capital accounts
 
 
 
 
Change in government