One form of a collaborative agreement that helps to minimize risk when operating abroad is to freeing up resources so that a company can diversify into more countries.
The internationalization of a business has added risks that require effective risk management for the protection of the company's assets and long-term sustainability in the market.
Some potential risks of operating abroad are:
Therefore, by freeing up resources so that a company can diversify in more countries, it increases the possibility of a company adapting to different markets and not just fixing all its resources in a single international market.
This can be a strategy for an organization to gain knowledge, experience and develop better strategies to operate in the international market.
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https://brainly.com/question/14312691
