Financial and Legal Costs/Summary
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Unit 4.8-Financial and Legal Costs |
Introduction | Bank Charges | Insurance Premiums | Export Credit Insurance | Legal Fees | Summary | Resources | Activities | Assessment |
Summary
[edit | edit source]An international manager needs to know all costs of the operation including the legal and banking charges. As a manager, it is essential to understand that dealing with risk assessment involves the costs of banking and legal charges, which can significantly impact the profitability of an operation.