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Risks: a. What are the different kinds of risks associated with transactions between organizations? b. How...

Risks:
a. What are the different kinds of risks associated with transactions between organizations?
b. How does governance (captives vs third-parties) and geography (offshore, near shore, same shore) play a role in determining the nature and magnitude of these risks?
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Answer #1

A. Risks:

1.Employee management risk, it should consist of employee safety,maintaining sufficient staff and their daily schedule.

2.Environmental health and employee safety risk.

3.Environmental risk which includes natural disasters.

4.Lack of political and economical stability in international markets where goods are exported.

B.Risks:

1.It should consist of education and knowledge development programs.

2.Identify the hazards and measure disasters risk.

3.Its important to inform the people about the risk and awareness programs should be conducted.

4.Financial protection and risk management should be done for the people and financial planning for the business risks.

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