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Analyzing and Mitigating Commercial Risk

Feasibility of International Trade

Analyzing and Mitigating Commercial Risk

What possible risks do your business partners, suppliers or customers present to your business? Learn how to identify all key areas of potential risk, measure risk probability, and develop a plan to mitigate them.

You’ll learn:

  • The commercial risk management process
  • How to review commercial risk data
  • How to identify key risks and measure probability and impact
  • How to develop options and select strategies
  • How to implement the strategies and evaluate the results

Free resources included:

  • Downloadable PDF covering all key concepts in the unit
  • Video content featuring a Certified International Trade Professional (CITP) exploring key concepts and providing practical context through real-world examples

Watch the preview of this unit’s video:

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Explore More FITTskills Lite Resources

Choose the topics that answer your importing and exporting questions and access the PDFs and videos now. View the content right away or save them to peruse later.

Feasibility of International Trade

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Analyzing and Mitigating Currency/Foreign Exchange Risk

Analyzing and Mitigating Currency/Foreign Exchange Risk

Currency exchange rate fluctuations create a degree of uncertainty for any business engaged in international trade. Learn how currency/foreign exchange risks affect you, how to select the best risk mitigation, and foreign exchange strategies.
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Feasibility of International Trade

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Conducting Cost and Pricing Analysis for Exporting Products

Conducting Cost and Pricing Analysis for Exporting Products

Before exporting your products, you need a cost and pricing strategy to ensure your transactions will be viable. Learn how Incoterms® and HS codes can affect your costs, and set your pricing strategy based on market, environmental and internal factors.
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Global Value Chain

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Documents and the International Trade Transaction

Documents and the International Trade Transaction

Which documents do you need to meet legal and regulatory requirements and avoid financial penalties or customs issues on your cross-border shipments? Learn how to properly complete, submit, and manage all required documents, dotting every “I” and crossing every “T”.
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International Sales & Marketing

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Establishing Sales Channels to International Markets

Establishing Sales Channels to International Markets

Learn about each available sales channel to reach your international markets, as well as how to select which option(s) are best for you, manage your sales relationships and abide by laws applying to your products or services.
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