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Risk analysis for culture tourism Start Up Company ( A Baba Nyonya Restaurant )
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- List Risk Levels for fIve methods of entering the global marketplace?Risk Management has become an integral part of International Business Management and receives greater premium in business management, the world over. You have been engaged as a consultant by a Focal Firm intending to go international to advice on the Attractions, the Inherent Risks, Risk Mitigation Strategies, and the criteria for success in international business.Your Terms of Reference include, among others:1. to explain the attractions of international business2. to explain the risks inherent in international business3. to propose mitigation strategies for each of the risks identified4. advice the focal firm on three key success factors in international business You are to properly structure your report and indicate any limitations in your advice.MNEs undertaking international business activities are often facing various forms of political risk. In response, MNEs may adopt different approaches to deal with this risk. Name and explain these possible reactions of MNEs when the risk is perceived to be exogenous versus when the risk is perceived as endogenous.
- As the pandemic scenario spread over the world, Bazinga Ltd.'s business, like most others, suffered a setback. Bazinga Ltd. is a hypermarket, discount department store, and grocery store retail chain. Mr. Manish Goel launched the retail chain in 2001, and the company has developed significantly since then. Mr. Goel had been encouraged by a number of business gurus, including his own son, a London-based business graduate, to sell things via an online website in order to expand their reach. Mr. Goel had his own worries about this channel and, as a result, he always puts off deciding. The pandemic and the current terrible situation compel Arvind to think and act in the indicated route. But he is unsure how he will go with a personnel and firm that is accustomed to a brick-and-mortar model of operation. He intends to prepare his personnel for the shift by training and developing them. Ques. Discuss each phase of the training process in terms of training and developing Bazinga's staff, in…Amazon International Business Risks Framework. write all the details about it and write in step by step..The Covid-19 pandemic has had a devastating impact on local and international business as well as on local trade in South Africa. The closure of borders, non-essential services and hospitality and tourism industries has had a crippling effect on economic growth. As a commerce graduate, you have now found yourself without any employment opportunities and have decided to partner with a friend and create your own source of employment given the extenuating circumstances that South Africa finds itself in. Click the link above the red arrow to open the Discussion tool. Using the Internet and/or any other resources, conduct research on various viable product offerings in South Africa. In a new thread, answer the following questions: Identify a product you believe would be financial sustainable and briefly justify its viability in the current South African market. Once you have identified your product, now answer the following questions: Which time horizons will you forecast? Why? Which…
- Analysis of 'ethical concern' for exporting coconut products to Suriname from GuyanaGlobalization is not without risks. When companies undertake international business, they are routinely exposed to four major types of risk. Briefly describe these four categories of risks of international business. A complete answer will include the use of examples for each category of risk.Discuss the risk implications of the massive ship blocking (Suez Canal, closed) to global trade. Give examples.
- What is sustainable tourism?Read this website: https://obaninternational.com/blog/the-challenges-facing-tourism-in-2022/ Answer the following questions What would you predict the next big challenge for the tourism industry will be? What does the industry need to do to be prepared for it? As you answer the following questions Integrate a photo, video, or other media and cite your sources.FAO-Funded Aquaponics Project Launched In Barbados Barbados GIS – The United Nations Food and Agriculture Organization (FAO) has collaborated with the Ministry of Maritime Affairs and the Blue Economy, and local business Adams Aquafarms, on a project to train persons in aquaponics. Aquaponics is a sustainable way of integrating land-based fish farming with plant production. Both are placed in a tank, and the set up allows for them to coexist, with the waste produced by the fish fertilizing the plants, while the plants purify the water for the fish. The training, funded by the FAO, will take place at a demonstration facility, located at Adams Aquafarms, Hopewell, St. Thomas. The FAO is currently targeting 30 entrepreneurs and 10 teachers. Minister of Maritime Affairs and the Blue Economy, Kirk Humphrey, believes the project will be “transformative”, as it has the potential to empower Barbadians. “In aquaponics, you have the opportunity to have, at the same time, multiple sources of…