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Sagot :
The buyer's environment had the following impact on the risks associated with this project:
Ships could not waste time on shore waiting for containers or rail cars. The construction of the warehouse identified the risk of expropriation. The insurer failed to identify it as an expropriation risk.
-credit risk- To solve the above problem, the company has dated a Russian partner with government ties to deal with expropriation and storage issues. But it came with credit risk.
- Physical security risk - Russian partner could not guarantee port delivery When he agreed to accept, he forwarded the cargo by rail. Goods passed through different cities. Empty container found at the destination.
Being in a place of the buyer I would have made the same choices for solving the risks involved in the process. These risks involved were all unavoidable and big. They were not the ones to be considered easily by the insurance companies for a cover. Even if covered by the insurance companies, they would seem expensive as the premium cost would be high. So the buyer resolved the problems in the best way possible economically also. And the problems arising with the ways to resolve the initial problem were also solved in an effective way. They found out the resolution that was the least risky and most expensive.
Learn more about environment/culture surrounding here: https://brainly.com/question/25010777
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