There are many risks and costs involved in exporting importing and as well as investment in our country. Risk Assessment & Cost Minimization are very powerful and convenient tool that can be used by any sort of industry irrespective of the size and trade.
As the world is all connected and globalization is a trend in this century, many investors, importers and exporters have shifted to international trading. International trading increases the chance of facilitating market to do successful business. International trading includes exporting and importing which allows the business people to connect personally with all the necessary suppliers and manufacturers which will eventually lead them to cost effectiveness.
However, doing global business has many risks and costs that we need to keep in mind and be aware of. Exchange rate is always in the risk of fluctuating which is clearly a risk faced by importers. Risks and costs assessment focuses on how to systematically identify and minimize risk in any kind of operation. The course will provide managers with a solid understanding of risk and how to manage it.
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