Describe some of the risks that an ocean shipment faces


1. Describe some of the risks that an ocean shipment faces.

2. Describe some of the risks that an air shipment faces.

3. What possible risk management strategies can an exporter/ importer follow? Explain each strategy's advantages and disadvantages from the perspective of a small exporter.

4. Explain the concept of international credit insurance and explain how it is possible to contract a policy covering commercial and political risks.

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Operation Management: Describe some of the risks that an ocean shipment faces
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