Reference no: EM132870067
Given the below case, please help me to answer the questions following.
Palm One, based in Kaula Lumpur, Malaysia, was established in 2015 and manufactures palm oil. There present manufacturing capacity is 2,000 barrels per month. They presently sell 1,100 barrels a month in the domestic market. Palm One have several warehouses across different cities in Malaysia and the palm oil barrels are shipped to be stored in them. Whenever, an order must be sent out it is sent out from the nearest warehouse. Palm One employs 300 personnel who are very well trained in their respective job functions
Palm One have received an enquiry for export of 800 barrels of Palm oil to Dubai, UAE. This is the first time Palm One will be selling internationally. You are the Head of Business research and have been asked by the Managing Director to provide your analysis on the risks pertaining to the potential export of Palm oil to Dubai, UAE.
1-Provide a list all the 9 steps involved in the Risk management cycle?
2-Step I in the Risk management cycles is - Identify issues and set context - Describe what factors will you consider for this step
3-Provide a list of factors you will consider when examining Dubai's Economic and Financial Fundamentals
4-If Palm One were to establish a warehouse in Dubai, what may be the two foreign physical asset risks they may need to identify?
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Steps involved in the risk management cycle
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