Risks Involved in Export and Import Business

As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee. You also need to put a plan in place to overcome it.
Assume that your business is visible and an important member of the community. Would the government encourage a decision to expand? How would it affect the reputation of the business?
Your assignment is to fill in the table. The following are instructions for completing the table:
•         Choose an industry with which you are familiar or have an interest. **I HAVE NOT CHOSEN AN INDUSTRY, CHOOSE ONE THAT YOU ARE CONFORTABLE WITH**
•         For each risk type listed in the table, indicate with an x in the appropriate column if you are taking the perspective of an importer or exporter.
•         Also make an assumption of what type of business (large, medium, or small) you will be using for each risk type by marking L, M, or S in the column.
•         These factors will be used to contribute to your answer on how to overcome the risk for the industry and the business.
Risk	Importer	Exporter	L/M/S	How to Overcome It
Economic conditions	 	 	 	 
Fluctuations in industry	 	 	 	 
Competition	 	 	 	 
Technological change	 	 	 	 
Change in preferences	 	 	 	 
Costs and expenses	 	 	 	 
Regulations	 	 	 	 
Expropriation	 	 	 	 
Interest rates	 	 	 	 
Government monetary policy	 	 	 	 
Government fiscal policy	 	 	 	 
Internal and external wars	 	 	 	 
Difference in culture and religion	 	 	 	 
Ownership of factories and property	 	 	 	 
Human resource restrictions	 	 	 	 
Intellectual property	 	 	 	 
Discrimination	 	 	 	 
Red tape and corruption	 	 	 	 
Blockage of funds or capital accounts	 	 	 	 
Change in government