The US recently presented constructive support for the QUAD, a comprehensive strategic group, by passing a bill in the House aimed at ensuring continuous support and fostering all-weather connectivity through supply chain diversification. What is QUAD? QUAD is a group of the world’s most influential countries including the USA, India, Japan, and Australia. Initially, it […] More
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Evaluate the risks associated with your business operations much better with the updated information and comprehensive view of global trade flows. Implement your measures for risk analysis by stepping one-by-one on the stones that follows:
Risk Identification – Identify the potential risks related to your business and prepare yourself to take measures to combat with it thoroughly; Risk Assessment – Evaluate the risks associated with your business operations to determine the severity of the harm coming along the risk; Risk Management – Allocate your resources in a way to minimise the potential of the risk and identifying the exact measures accordingly; Risk Communication – Gain an understanding of the risk and communicate the risk analysis process to risk assessors, managers and stakeholders.