Liberty Communication Satellite Phones Essay Example for Free

emancipation Communication artificial orbiter Phones EssayMexico is one of the leading markets for electronic goods such as mobiles creating a orbiculate occupation avenue. akin any other business, a number of risks face electronic goods. The objective of the paper is to conduct a risk analysis on Mexico for autonomy confabulations Satellite Phones Company a new business venture. Risk analysis in this case is an aspect of identifying risk factors that jeopardize the success of the new converse company in Mexico.The rules regulate marketing, translate and distribution of satellite mobile phones which affects operation of business. Communication done satellite mobile is regulated by rules made by politicians and thus the company is supposed to gravel adequate knowledge about communication rules. Another risk to be analyzed is exchange and repatriation of cash which relates to exchange locates. The company is supposed to consider the value of Mexican currency against other currencies to meet global standards (Fleisher Craiq, 2005). This risk occurs when currency trades badly against other currencies as it is a loss to the communication company.Competition is a general risk to any kind of business and thus Liberty communications should consider evaluating whether in that respect is any other dominating company that deals with satellite mobile phones. Upon close evaluation of the communication sector, Liberty communications is bound to make sound decisions about that particular venture. Every business is bound to invent tax to government and this is a major area of concern by Liberty communications. The tax revenue ordain differs from one business to another according to laws made by political entities (Culpan Refik, 2002).In certain instances, the rate of taxation is very high making business to pay heavily. The communication company should consider laws regarding taxation and double taxation. Marketing of satellite phones is a major risk tha t ought to be analyzed before venturing into communication market. The major aspects to be considered include the 4ps such as product, price, place and promotion. Management at Liberty communication is supposed to consider putting satellite phones (product) at the function place (Mexico) at the right price and time (promotion).Once these elements are considered the company successfully ventures communication sector without obstacles. Distribution and supply chain is another major risk that should be analyzed as it can lead to deplorable trading. The company is bound to exploit certain royal customers with the intention to make maximum sales. Distribution of satellite phones is exposed to both physical and environmental risks which should be evaluated before venturing into the business. Social and cultural action of Mexican mess is another major area that exposes the company to risks.The social life and cultural practices in Mexico welcome an influence in communication and Liber ty communications is bound to consider such values. This is related to life style as it is influenced by technology and cyber. Management of Liberty Company should consider whether Mexican people have enough knowledge on technology as it is the main area of specialization. References Fleisher Craiq, 2005, Competitive news program and global Business, Praeger. Culpan Refik, 2002, Global Business Alliances Theory and Practice, Quorum Books.