3
Risk Management in International Business
Risk Management in the global supply chain in 2017 and beyond has become one of the most important elements in managing import and export responsibilities with “Best Practice” as a mind-set.
Understanding the exposures of international business is a skill set required for supply chain executives. This chapter explores the risks associated with international shipping, such as receivables, loss and damage, and political risk, and it discusses various insurance products and services available to transfer the exposures to third parties.
Private and governmental insurance concerns are readily available to provide various products for exporters to use to reduce risk and make them more competitive in world ...
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