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Exporting and importing activity leads to more occasions for companies, but also involves higher risks. Although the environment for international trade has changed significantly over the years, the risks that firms deal when vending their merchandises and services in other countries remain...
Persistent link: https://www.econbiz.de/10011276338
The words ‘averse’, ‘seeking’, ‘tolerant’ or ‘neutral’ represent a chosen response to uncertainty that matters, driven by perception. This phrase forms a working definition of risk attitude, which is a choice made by a given individual or group in the face of a particular risky...
Persistent link: https://www.econbiz.de/10010596241
Risk analysis and knowledge of diversity in the world of international transactions has a great practical importance, because it allows business people to identify the tools and policies to reduce/eliminate the risk and the damage they cause. Given the unpredictable nature of risks is necessary...
Persistent link: https://www.econbiz.de/10010706303