Risk Exam Flashcards
Market Penetration and type
(Market Growth) Selling products/services in an existing market
Product Development & Type
(Market Growth) Expanding with a new product to an existing market
Market Development & Type
(Market/Product Scope) Business is selling existing products to new customers
Diversification & type
(Market/Product Scope) & Developing new products for new costumers
What does PESTLE Analysis stand for
Political
Economic
technoligical
Egological
Legal
What does Porters Five Forces stand for
Competition in the industry
Power of suppliers
New entrant threats in the industry
The threat of existing substitutions
Power of Costumers
What are the Internal SWOT Analysis factors?
Strength
Weakness
What are the external SWOT Analysis factors?
Opportunities
Threats
What are the Country’s risk Mitigation Strategies?
Diversification
Due Diligence
Risk-Sharing partnerships
Hedging
Political Risk Insurance
Diversification
Diversifying Risk amongst different markets or countries
Due Dilligence
Researching before entering the market, e.g. political and economic
Diversification
Diversifying Risk amongst different markets or countries
Diversification Types (Concentric)
Development of products, similar to the ones you already sell
Diversification (Conglomerate)
refers to the development of new products that unrelated to your original lines
Risk sharing Partnerships
Enter Partnerships with local players or investors
