There are numerous risks, which domestic firms doing business overseas face. The distance between two nations,...

90.2K

Verified Solution

Question

Finance

There are numerous risks, which domestic firms doing businessoverseas face. The distance between two nations, along with theunfamiliarity with foreign nation’s laws, spurs a plethora of risksthat complicate business relations and transactions. In addition,the differences between two nations currencies and culture elevatethe potential for business dealings to go awry.

  • Discuss three additional risks that may complicate doingbusiness overseas.
  • Discuss what you believe to be the most significant risks for arestaurant that wants to expand to an overseas market.

Answer & Explanation Solved by verified expert
4.5 Ratings (768 Votes)
1 The additional risks identified while doing business overseas are as follows 1 Interest rate risk The fluctuations in interest rate structure of one country can affect business in which it operates The rise in variation of interest rate risk gives birth to inadequacy in markets    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students