Instructions Please Describe Feel Following Statement Without Plagiarizing Top 3 Risks Bus Q34320165

Instructions- please describe how you feel about thefollowing statement without plagiarizing;

What are the top 3 risks to your business expandingglobally?

The three important factors to evaluate before expanding anybusiness globally or in foreign countries are economic risks,political risks and corruption.

1. Economic risks include devaluation of foreigncurrency due to different exchange rates or restriction by foreigncountry on money transfers therefore lowering the initial investedcapital; inflation is another economic risk, inflation creates lowprofit margin for businesses because of low currency exchangerates.

2. Political risks can have a negativeimpact on the business for example, government coup, civil wars,social unrest and terrorism, all are threats a business
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