Research On The Foreign Trade Risk Management Strategy Of M Compan

Foreign trade plays an important role in promoting China’s labor productivity,driving the development of related industries,and improving the diversified consumption level of the people.Among them,small and medium-sized foreign trade enterprises are the main force of China’s foreign trade,with their import and export volumes maintaining a positive growth year round,making a huge contribution to the development of China’s foreign trade industry.However,due to limitations in scale and comprehensive strength,Many small and medium-sized foreign trade enterprises are facing huge foreign trade risk management problems,unable to effectively identify,evaluate,analyze,and respond to foreign trade risks,and unable to quickly adjust their business models to adapt to social and industry development based on changes in internal and external environmental risks.In this context,based on the learning and research of cutting-edge theories,this article takes M Foreign Trade Company as an example to identify,evaluate,and analyze the foreign trade risks that exist in M Company,propose corresponding foreign trade risk management strategies and countermeasures,and construct a foreign trade risk management system suitable for M Company’s development.This provides foreign trade risk management reference for M Company or similar small and medium-sized foreign trade enterprises.M Foreign Trade Company mainly exports clothing,shoes and hats,textiles,and daily commodities,with the vast majority of its products being self operated export sales.This article first takes M Company’s export business process as the basis,starting from the four departments of the business department,dock department,tracking department,and finance department,and delves into specific business operations.By using methods such as on-site inspection,business process diagram,SWOT analysis,questionnaire survey,and risk coordinate map,we identify and Evaluate the current foreign trade risks in M Company’s foreign trade business,including customer credit risk,exchange rate risk,supplier risk,transportation risk,and export tax refund risk.Then,through case analysis,study the causes of these five types of foreign trade risks.Finally,provide risk management strategies and response measures from the perspectives of risk management concepts,management systems,institutional systems,and information systems.According to logical relationships,this article is divided into six chapters.The first chapter is an introduction,mainly explaining the background and significance of the topic selection,domestic and foreign research reviews,proposing the research content,research methods,and innovative points of this article.Chapter 2 is an overview of relevant theories,mainly summarizing the relevant theories of foreign trade risks used in this article.The third chapter is the overview and SWOT analysis of M company,mainly elaborating on the overview of M company,sorting out the entire process of M company’s export business,and analyzing the development status of M company using SWOT method.Chapter 4 is about M Company’s foreign trade risks and their causes.It mainly identifies foreign trade risks by integrating SWOT analysis and questionnaire results,evaluates foreign trade risks through risk coordinate graph method,and analyzes the causes of foreign trade risks through case studies.Chapter 5 is M Company’s foreign trade risk management strategy and response measures.Firstly,specific risk management strategies and response measures are proposed for the five foreign trade risks of M Company in Chapter 4.Then,from the overall level of M Company,other guarantee measures for foreign trade risk management are provided.Chapter 6 is the conclusion and outlook,summarizing the conclusion and outlook of this article,and pointing out the shortcomings in the research of the paper.