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13 Cards in this Set
- Front
- Back
Risk |
a situation that presents the chance of a loss due to probabilities |
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Economic Risk |
a risk which results in the decline of a company's economic value from currency movements, which causes a loss in competitive strenght |
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Exchange Rate Risk |
a risk in which the exchange rates of either of two countries will fluctuate |
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Credit/sale risk |
a risk associated with the sale and accompying transactions between two foreign markets |
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High Dependency Risk |
occurs when a country depends to greatly on imports from one single country or when a country depends too greatly on exporting a very large number of exports to one single country |
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Political Risk |
a risk of politically motivated interference of a foreign goverment |
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Legal Risk |
a risk related to the influence of a defect on the documentation on cash flow or dept service |
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Purchasing Power |
also called buying power, the value of money measured by the quality and quantity of products service than money can by |
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GDP |
total market value of all goods and services which are produced within a country during a given period |
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Foreign Debt |
the money a country owes another country |
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Franchise |
a licensed property, trademark or concept to another entity by a bussines owner |
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Strategic Alliance |
agreements between companies or partners to reach objectives of a common interest |
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Joint Venture |
a contractual agreement combining two businesses to exucute a certain bussiness undertaking |