Question
V22 Develop an international strategy for your own small Business: using oPiC Small businesses can sometimes be nimble and take risks that larger businesses are
V22 Develop an international strategy for your own small Business: using "oPiC"
Small businesses can sometimes be nimble and take risks that larger businesses are afraid to take. In terms of venturing overseas and doing business in countries where there's "political risk," the U.S. overseas private investment corporation (OPIC) sells reasonably priced insurance to companies to protect them in this regard. Identify business ventures in politically risky countries, and then analyze the cost of OPIC insurance to protect against these risks. Develop a plan to purchase OPIC insurance that offsets the given risks.
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