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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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Risk Register for Prospective New South African Distributor
Risk ID Risk Description Cause Impact
R Economic Instability Fluctuating currency exchange rates and economic downturn Decreased purchasing power of customers, reduced demand for new technology
R Regulatory Compliance Lack of understanding of local regulations and compliance requirements Fines, legal actions, and reputational damage
R Supply Chain Disruptions Dependence on international suppliers and logistics challenges Delayed product delivery, increased costs, and customer dissatisfaction
R Political Uncertainty Changes in government policies and instability Business operations disruption and investment risk
R 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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