Review the following:
Scanning the Environment: PESTEL Analysis at https://www.business-to-you.com/scanning-the-environment-pestel-analysis
Managing Risk in an Unstable World “Download Managing Risk in an Unstable World”
Assume that Starbucks Corporation is exploring opening retail and corporate offices in Dubai, India, and China. As the chief risk
manager of the company, use the article Managing Risk in an Unstable World as a reference to express the critical nature of risk the
company may face in these countries.
Compose a 500- to 750-word paper in which you address the following:
Define risk as it relates to business decisions.
Describe the nature of the risk Starbucks Corporation will face in these countries.
Explain the importance of properly managing this risk.
Devise strategies for Starbucks Corporation to protect themselves from risk.
Indicate tools available to Starbucks Corporation for managing risk.
Identify how risk management applies to a highly globalized environment.
Cite a minimum of two scholarly sources, in addition to the reference article above, in your work.
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