Assignment:
1. "Risk Management" Answer the following:
- Select a current business event from the international arena and determine which type of political risk coverage would provide the best protection against loss for an American company with a substantial investment in that country.
- As more countries invest in foreign enterprises, the need for risk managers increases. Of all the types of loss arising from governmental or political sources, determine which type of loss could be the most potentially damaging to the company.
2. "Use of a Specialist" Answer the following:
- Discuss the advantages and disadvantages of hiring a specialist to arrange international risk management protection. Provide specific examples to support your response.
- In accordance with today's economic and political news, create a scenario in which a specialist in risk management would significantly improve the exporting / importing situation. Provide specific examples to support your response.