What does a "weak partner" entail in international business transactions?

Business Dec 10, 2020

Expert Solution

Weak partner comes under the heading of commercial risk which concerns the probable losses arising from the market or the transactions of the potential partners. Countries must secure partners that are reliable and should also take into consideration the financial status like bankruptcies or any indisposition to pay debts. Furthermore, weak partners incur operational problems, competitive intensity, and poor execution of any strategies.

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