
Analysis of Risk Management and Prevention Strategies in the International Operations of Enterprises
- 1 Sejong University
* Author to whom correspondence should be addressed.
Abstract
With the deepening of globalization, more and more enterprises are looking towards the international market in search of broader development space. However, international operations not only bring unprecedented opportunities but also accompany various risks. This article delves into the risks enterprises may encounter in international operations, including market, political, economic, exchange rate, legal, and cultural risks, and systematically analyzes the causes, manifestations, and impacts of these risks. Through specific case analyses, this article proposes a series of practical risk management and prevention strategies aimed at helping enterprises build a more robust international operation defense line, ensuring their steady progress in the complex and volatile international market.
Keywords
international operations, risk management, prevention strategies, market uncertainty, sustainable corporate development
[1]. Jin, D., Zhang, Z., Su, X., et al. (2024). Comparative analysis of characteristics, management and clinical outcome of blood blister-like aneurysms treated with flow diverter devices: A systematic review and meta-analysis of 30 studies. International Journal of Surgery (London, England).
[2]. Ho, S. S., Chuah, F. S. A., Ho, S. V., et al. (2024). Crisis and emergency risk communication and emotional appeals in COVID-19 public health messaging: Quantitative content analysis. Journal of Medical Internet Research, 26, e56854.
[3]. Macpherson, I., Guardia, J. J., Morales, I., et al. (2024). Risk management during times of health uncertainty in Spain: A qualitative analysis of ethical challenges. Risk Analysis: An Official Publication of the Society for Risk Analysis.
[4]. I. L. K., & L. I. A. (2023). Risk assessment of the operation of mining machinery and equipment in the changing operation conditions of a mining enterprise. Mining Equipment and Electromechanics, 168(4).
[5]. M. I. Y., A. V. D., & A. V. K. (2022). Structure of integrated mechanization at a hydromechanized enterprise in the operation of peat and sapropel fields and production of peat-sapropel fertilizers. Power Technology and Engineering, 55(5), 652–658.
[6]. Volynets, L., Sopotsko, O., Sevostianova, A., et al. (2021). Optimization of international road transportation of cargoes in the management of enterprises of agricultural sector and road transport enterprises. Eastern-European Journal of Enterprise Technologies, 6(3), 57–63.
[7]. B. A. (2021). The role of enterprise risk management on disclosure transparency in the international financial reporting standards period. Accounting, 7(6), 1241–1250.
Cite this article
Gao,X. (2024). Analysis of Risk Management and Prevention Strategies in the International Operations of Enterprises. Journal of Applied Economics and Policy Studies,12,13-16.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Journal:Journal of Applied Economics and Policy Studies
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).