A client has a local handicrafts business in Afghanistan

that sells miscellaneous items to the local market and

foreigners, including people from the United States of

America, India, and Pakistan. The goal is to expand the

business globally, starting with California and then New

York in the United States of America, with a donor from

Afghanistan who is willing to invest in the business

expansion with profit sharing in return. As a

multinational firm in Dubai, United Arab Emirates that

offers business consultancy to clients worldwide, your

company has asked you to compile a short report on risk

modeling and strategies to deal with those business risks

to help the client.

Tasks:

1. Identify the business risks (at least five) associated

with the business expansion in California and New York,

USA.

2. Develop a list of strategies to mitigate business

risks based on principles of risk management.

Wojno, R. (2022, August 21). 4 practical risk mitigation

strategies for your business. mondayblog.

Moses, J. (2022, March 21). 5 basic principles of risk

management. Sedgwick.

IMPORTANT LINKS

https://www.sedgwick.com/blog/2022/03/21/5-basic-principles-of-risk-management

https://monday.com/blog/project-management/risk-mitigation/

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APA CITATION FORMAT WITH IN TEXT CITATION