Political Risks When Dealing Abroad – Part 2

If you haven't yet, read Part 1 Avoiding the Risk Companies face political and economic risk whenever they conduct business overseas, but there are usually ways to reduce the risk. The most important step is learning about and understanding the host country’s history, political background, culture, and current policies and political climate before making a long-term investment decision. It is also necessary to have a high degree of sensitivity to country-specific approaches and concerns Click here for full article