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Essay Available:
Pages:
1 page/β‰ˆ275 words
Sources:
1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Risks and Barriers Companies Experience

Essay Instructions:

This week we are learning about risks to supply chain. Module 7 introduces a number of risks and barriers that companies may experience. In this discussion post you will think about it from a manager's perspective.
Research, using the internet or your connection with the industry professional you may have had conversations with through this course, on risks and barriers a company may experience. Develop your initial post by naming the top 3 risks or barriers. Develop at least 1 solution, prevention, or how you would prepare for the situation. Again, if you use an industry professional or source (it is recommended you have one or the other) make sure to cite your sources at the end of your post using APA format.

Essay Sample Content Preview:

Risks and Barriers
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Risk and Barriers
Entrepreneurs have multiple opportunities that they can transform into a business. Unfortunately, various challenges can drain the business if not properly managed. The risks include economic risks, market risks, and compliance risks. Economic risks entail inadequate funds for a company that can negatively affect the company’s growth. Companies need adequate money to settle their bills to pay their suppliers' and employees' salaries before making adequate profits. As such, enough funds are required to avoid financial crises until the company can support itself. On the flip side, market risks arise from misjudging market demand, resulting in business failure. Companies experience markets risks due to limited research on the ready market on their products and the specific prices set (Muckersie, 2021). Companies should ensure they have a special selling point and their products bring value to consumers. Lastly, compliance risks refer to penalties and losses encountered by companies for failing ...
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