Archive:Introduction to Political and Economic Risk - Revision history

wikademia>Wikademia: moved Introduction to Political and Economic Risk to Archive:Introduction to Political and Economic Risk

2009-05-27T05:56:54Z

moved Introduction to Political and Economic Risk to Archive:Introduction to Political and Economic Risk

← Older revision	Revision as of 05:56, 27 May 2009
(No difference)

wikademia>Wikademia at 18:02, 18 April 2009

2009-04-18T18:02:28Z

← Older revision		Revision as of 18:02, 18 April 2009
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	*[[Introduction to Political and Economic Risk/Activities\|Activities]]		*[[Introduction to Political and Economic Risk/Activities\|Activities]]
	*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]		*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]


	'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/01/01: Knowledge of political and economic risks causing late and/or non-payment from overseas markets (e.g., cancellation/failure to grant U.S. export license, civil unrest, foreign currency delays/shortage)

	<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>		<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>

	[[Category:International business]]		[[Category:International business]]

wikademia>Wikademia at 20:13, 11 April 2009

2009-04-11T20:13:19Z

← Older revision		Revision as of 20:13, 11 April 2009
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	{{ntnes}}		{{ntnes}}


	~~==Unit 1.1- Introduction to Political and Economic Risk==~~

	International business requires a series of screenings of the four major areas of business: finance, marketing, personnel and production. The initial screening is to evaluate the basic need or potential for foreign trade and investment. The marketing department of a company is responsible for this evaluation domestically. The factors used in this evaluation process may have to be modified for the foreign market but are usually successful when such is done. The studies done for domestic markets do not apply in the foreign markets because of the different socio-cultural and socio-economic forces that come into play. Economic and financial sources are evaluated by the finance area of a company. This area does the planning and forecasting to evaluate costs and output which can be easily adapted to the foreign markets by adding in the additional costs associated with international trade. Investigations of political and legal forces are often outsourced by companies and are adequately covered by doing so. Several screenings that are often overlooked which can negatively impact a company if not properly evaluated are socio-cultural forces and competitive forces. Another factor is not knowing the foreign environment. This assessment usually requires a personal visit.		International business requires a series of screenings of the four major areas of business: finance, marketing, personnel and production. The initial screening is to evaluate the basic need or potential for foreign trade and investment. The marketing department of a company is responsible for this evaluation domestically. The factors used in this evaluation process may have to be modified for the foreign market but are usually successful when such is done. The studies done for domestic markets do not apply in the foreign markets because of the different socio-cultural and socio-economic forces that come into play. Economic and financial sources are evaluated by the finance area of a company. This area does the planning and forecasting to evaluate costs and output which can be easily adapted to the foreign markets by adding in the additional costs associated with international trade. Investigations of political and legal forces are often outsourced by companies and are adequately covered by doing so. Several screenings that are often overlooked which can negatively impact a company if not properly evaluated are socio-cultural forces and competitive forces. Another factor is not knowing the foreign environment. This assessment usually requires a personal visit.

wikademia>Wikademia: Text replace - 'TF1.1' to 'ntnes'

2009-04-10T18:51:50Z

Text replace - 'TF1.1' to 'ntnes'

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	{{~~TF1.1~~}}		{{ntnes}}

wikademia>Wikademia: Text replace - 'Category:International Business' to 'Category:International business'

2009-04-09T05:12:25Z

Text replace - 'Category:International Business' to 'Category:International business'

← Older revision		Revision as of 05:12, 9 April 2009
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	<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>		<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>

	[[Category:International ~~Business~~]]		[[Category:International business]]

wikademia>Wikademia: 7 revisions

2009-04-08T04:18:14Z

7 revisions

← Older revision	Revision as of 04:18, 8 April 2009
(No difference)

121.242.16.5: /* Unit Objective */

2008-11-06T06:42:06Z

Unit Objective

← Older revision		Revision as of 06:42, 6 November 2008
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	===Unit Objective===		===Unit Objective===
	The goal of this unit is to introduce you to the political and economic risks that arise when operating in a global environment. These include financial risks associated with slow or nonpayment as well as the financial consequences of the failure to perform contractual obligations. By the end of this unit your will be able to:		The goal of this unit is to introduce you to the political and economic risks that arise when operating in a global environment. These include financial risks associated with slow or nonpayment as well as the financial consequences of the failure to perform contractual obligations. By the end of this unit your will be able to:
	Identify the risks of slow or nonpayment in international trade		*Identify the risks of slow or nonpayment in international trade
	Identify the effect of the risk of slow or nonpayment		*Identify the effect of the risk of slow or nonpayment
	Identify the difference between a domestic risk and a risk as a result of international trade		*Identify the difference between a domestic risk and a risk as a result of international trade
	Identify in general terms what is meant by a “country-related risk,” its categories and components		*Identify in general terms what is meant by a “country-related risk,” its categories and components

	===Unit Outline===		===Unit Outline===

121.242.16.5: /* Unit Objective */

2008-11-06T06:41:23Z

Unit Objective

← Older revision		Revision as of 06:41, 6 November 2008
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	===Unit Objective===		===Unit Objective===
	The goal of this unit is to introduce you to the political and economic risks that arise when operating in a global environment. These include financial risks associated with slow or nonpayment as well as the financial consequences of the failure to perform contractual obligations. By the end of this unit your will be able to:		The goal of this unit is to introduce you to the political and economic risks that arise when operating in a global environment. These include financial risks associated with slow or nonpayment as well as the financial consequences of the failure to perform contractual obligations. By the end of this unit your will be able to:
	*identify the risks of slow or nonpayment in international trade		Identify the risks of slow or nonpayment in international trade
	*identify the effect of the risk of slow or nonpayment		Identify the effect of the risk of slow or nonpayment
	*identify the difference between a domestic risk and a risk as a result of international trade		Identify the difference between a domestic risk and a risk as a result of international trade
	*identify in general terms what is meant by a “country-related risk,” its categories and components		Identify in general terms what is meant by a “country-related risk,” its categories and components

	===Unit Outline===		===Unit Outline===

wikademia>MSUglobal at 04:44, 26 September 2007

2007-09-26T04:44:59Z

← Older revision		Revision as of 04:44, 26 September 2007
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	*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]		*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]

	~~<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>~~

			'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/01/01: Knowledge of political and economic risks causing late and/or non-payment from overseas markets (e.g., cancellation/failure to grant U.S. export license, civil unrest, foreign currency delays/shortage)

			<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>

	~~'''Correlation'''~~: ~~Materials from this unit correlate with~~ [~~http:~~/~~/www.nasbitecgbp.org NASBITE CGCP~~]'s Knowledge Statement 04/01/01: Knowledge of political and economic risks causing late and/or non-payment from overseas markets (e.g., cancellation/failure to grant U.S. export license, civil unrest, foreign currency delays/~~shortage)~~

	[[Category:International Business]]		[[Category:International Business]]

wikademia>MSUglobal at 04:38, 26 September 2007

2007-09-26T04:38:20Z

← Older revision		Revision as of 04:38, 26 September 2007
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	*[[Introduction to Political and Economic Risk/Activities\|Activities]]		*[[Introduction to Political and Economic Risk/Activities\|Activities]]
	*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]		*[[Introduction to Political and Economic Risk/Assessment\|Assessment]]

			<div style="float:right;">[[Introduction to Political and Economic Risk/Corporate Risks\|Next]]</div>



	~~<div style="float:right;">{{Next\|Introduction to Political and Economic Risk/Cultural Issues}}</div>~~

	'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/01/01: Knowledge of political and economic risks causing late and/or non-payment from overseas markets (e.g., cancellation/failure to grant U.S. export license, civil unrest, foreign currency delays/shortage)		'''Correlation''': Materials from this unit correlate with [http://www.nasbitecgbp.org NASBITE CGCP]'s Knowledge Statement 04/01/01: Knowledge of political and economic risks causing late and/or non-payment from overseas markets (e.g., cancellation/failure to grant U.S. export license, civil unrest, foreign currency delays/shortage)

	[[Category:International Business]]		[[Category:International Business]]