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Entering Target Markets: Difference between revisions
→Lesson 6 - Customs, risk management and currency questions: + definition of w:Foreign exchange risk
(→Lesson 6 - Customs, risk management and currency questions: + definition and more of w:Risk management) |
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:::* events of uncertain or unpredictable [[w:Root cause|root-cause]]. | :::* events of uncertain or unpredictable [[w:Root cause|root-cause]]. | ||
:::::Several risk management [[w:Technical standard|standards]] have been developed including the [[w:Project Management Institute|Project Management Institute]], the [[w:National Institute of Standards and Technology|National Institute of Standards and Technology]], actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, [[w:Risk analysis (engineering)|engineering]], [[w:Industrial & Organizational Assessment|industrial processes]], financial portfolios, actuarial assessments, or public health and safety. ( Wikipedia ) | :::::Several risk management [[w:Technical standard|standards]] have been developed including the [[w:Project Management Institute|Project Management Institute]], the [[w:National Institute of Standards and Technology|National Institute of Standards and Technology]], actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, [[w:Risk analysis (engineering)|engineering]], [[w:Industrial & Organizational Assessment|industrial processes]], financial portfolios, actuarial assessments, or public health and safety. ( Wikipedia ) | ||
* '''[[w:Foreign exchange risk|Foreign exchange risk]]''' (also known as '''exchange rate risk''' or '''currency risk''') is a [[w:financial risk|financial risk]] that exists when a financial transaction is denominated in a [[w:currency|currency]] other than that of the base currency of the company. ( Wikipedia ) | |||
== Lesson 7 - Costs in import/export == | == Lesson 7 - Costs in import/export == | ||