Country risk assessment should be used when: a. determining whether to establish a subsidiary in a foreign country. b. determini

Question

earnstyle [38]

3 years ago

14

Country risk assessment should be used when: a. determining whether to establish a subsidiary in a foreign country. b. determini

ng whether to continue business in a foreign country. C. A and B d. none of the above

Social Studies

1 answer:

Nana76 [90] · Answer 1 · 2022-02-05T19:12:58+03:00

Answer:

C. A and B

Explanation:

A country risk assessment is a vital step required before considering establishing business in a foreign country. It is also necessary in determining if a business should continue in a foreign country (abroad).

This assessment is both qualitative and quantitative, as it takes into consideration thorough evaluation of the economic, political and social risk of running a business in a foreign country. The country risk assessment helps to determine and monitor hidden risks in a country which also helps a business to properly develop strategies based on the known risk of he country.