Business, 24.01.2021 20:50 xmanavongrove55
Which sentence identifies effective risk management by business?
Gilbert's business specializes in freight forwarding and logistics. They receive a huge order from Malcilm Steel Inc for transporting equipment to
Hughres Electrical Inc in Germany. Gilbert's company sends the invoice or bill in advance so that Hughres Electrical Inc receives and clears goods
at customs without hassles. Malcim Steel Inc. pays transit insurance along with the transportation charges. Hughres Electrical Inc dears the
invoice using electronic means. They do not collect the goods in time and have to pay an imposed fine for storage cost at the port. They find
that the goods suffer damage and claim compensation.
Answers: 3
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Which sentence identifies effective risk management by business?
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