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Essay / Research Paper Abstract
An 11 page paper discussing some of the conditions from which organizations involved in international joint ventures must protect themselves. Business has a more global focus now than at any time in the past. While that global presence contributes to the success of all segments of a specific organization, it also enhances the need for astute risk management. Aside from the normal fluctuations of the business cycle, international joint ventures also can be affected in their success through currency fluctuations, economic health of the host country and local political stability. Business entry into a new national market in the form of an international joint venture is in itself a measure of risk management, in that neither party bears the full weight of the risks associated with the new venture. Bibliography lists 10 sources.
Page Count:
11 pages (~225 words per page)
File: D0_Jointven.doc
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Unformatted sample text from the term paper:
national successes formerly unimaginable. As it continues to increase, businesses increasingly have chosen to meet the challenges of entering new international markets while teamed with other and complementing organizations.
Foreign direct investment has been responsible for the movement of vast amounts of capital across national boundaries in the last several years, and it appears that the international joint
venture has become so ingrained that it is likely only to grow in its number of occurrences. Risk management is an important aspect
of any organizational endeavor when capital is at stake, and operating in the partnership of the international joint venture can serve as a measure of protection for the parties involved
and entering a new market. On the international front, not only do the standard business concerns apply, but the organizations involved also face risk in the form of the
level of economic and political stability of the host country. The partners must be reasonably certain that there will be no nationalization of business, and further must take steps
to guard against any negative influences of currency fluctuation. Risk Management in International Joint Ventures Introduction Business has a more global
focus now than at any time in the past. While that global presence contributes to the success of all segments of a specific organization, it also enhances the need
for astute risk management. Aside from the normal fluctuations of the business cycle, international joint ventures also can be affected in their success through currency fluctuations, economic health of
the host country and local political stability. Business entry into a new national market in the form of an international joint venture is in itself a measure of risk
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