Free Online Course in International BusinessKnowledge StatementKnowledge of resources for determining risk (e.g., U.S. government organizations, credit bureaus, websites)GoalThe goal of this material is to identify sources of information in hard copy and on the internet that provide financial risk data including government agencies, organizations, credit bureaus, etc.Learning ObjectiveAt the end of this lesson, the learner will be able to identify sources of information that indicate a country’s level of risk that may affect financial issues.IntroductionThe technology of today allows us to communicate freely and easily. Unfortunately not everyone has had exposure to this easy access of information from an early age. This can be a slight handicap to some until the benefits of using the internet are explored and exploited. Using the internet as an information tool continues to grow tremendously with no sign of abatement. The internet is easily navigated providing global information at your finger tips. This is a resource that is constantly adding more information to its data base.How do we get started for the technically challenged? The first recommendation is to jump in immediately. UNESCO has posted on the internet an article that can help understand the impact of the internet on the world of today. “Key word” search requests are the most common and fastest means to get the most potential data to explore. The most direct is to go directly to the web page by the direct address. The website for our example is www.unesco.org/webworld/wirerpt/wirenglich/chap18.pdf. Find the website and enjoy the article. When gathering any type of information whether it be on - line or in publications it is important to verify your source and if possible to gather multiple sources that provide the same data. This type of cross referencing will help you avoid making decisions based on a biased perspective or unreliable data. The following list of international websites is extensive but by no means comprehensive. This just demonstrates how vast and extensive information can be by providing a means to communicate and easily engage in international business. |