Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Risk is an important factor for companies engaged in international business. One way a collaborative arrangement helps minimize risk when operating abroad is by ________. Group of answer choices

Sagot :

jaquelinefvr

One form of a collaborative agreement that helps to minimize risk when operating abroad is to freeing up resources so that a company can diversify into more countries.

The internationalization of a business has added risks that require effective risk management for the protection of the company's assets and long-term sustainability in the market.

Some potential risks of operating abroad are:

  • Entry barriers
  • Bureaucracy
  • Legislative barriers
  • Cultural barriers

Therefore, by freeing up resources so that a company can diversify in more countries, it increases the possibility of a company adapting to different markets and not just fixing all its resources in a single international market.

This can be a strategy for an organization to gain knowledge, experience and develop better strategies to operate in the international market.

Learn more here:

https://brainly.com/question/14312691

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.