Terms in this set (11)
- General market risks
distance, competition, differences in product usage in foreign markets, language, culture, finding distributors, differences in product specifications, complexity of shipping services to overseas buyers
- Commercial risks
Exchange rate fluctuations, non-payment, delays/damage, difficulties in obtaining financing
- Political risks
government restrictions, high import tariffs, import regulations, high value of domestic currency relative to those in export markets
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Suppliers
Functions
Provide raw materials, parts, components, supplies as well as business processes and other services to focal firm
Activities
Maintain inventory
Process orders
Transport goods
Deliver services
Focal Firm
Functions
Manufacture or assemble components or finished products or produce services
Activities
Manage inventory
Process orders
Manufacture or assemble products
Produce and deliver
services
Distribute products to customers, retailers, or intermediaries
Intermediaries or retailers
Functions
Distribute and sell products and services
Activities
Manage inventory, place or process orders
Produce services
Manage physical distribution
Provide after sales service
Features
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