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Answer 2 3 hours ago Risk Register for Prospective New South African Distributor Risk ID Risk Description Cause Impact R 1 Economic Instability Fluctuating currency

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23 hours ago
Risk Register for Prospective New South African Distributor
Risk ID Risk Description Cause Impact
R1 Economic Instability Fluctuating currency exchange rates and economic downturn Decreased purchasing power of customers, reduced demand for new technology
R2 Regulatory Compliance Lack of understanding of local regulations and compliance requirements Fines, legal actions, and reputational damage
R3 Supply Chain Disruptions Dependence on international suppliers and logistics challenges Delayed product delivery, increased costs, and customer dissatisfaction
R4 Political Uncertainty Changes in government policies and instability Business operations disruption and investment risk
R5 Competitive Market Presence of established competitors and market saturation Difficulty in market penetration and pricing pressure
This risk register provides an overview of potential challenges that a new South African distributor may face when entering the market. Each risk is identified with a unique ID, described in detail, and includes the causes and potential impacts

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