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SITC International
SITC International

Logistics / Shipping and Logistics Services

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Risks

1. Exchange Rate Risk: Significant fluctuations in the exchange rate of currencies can cause SITC International to experience a decrease in profit margins.


2. Country Risk: SITC International's operations in various countries around the world are subject to varying degrees of political and economic uncertainty.


3. Security Risk: SITC International is exposed to the risk of cyberattacks or data theft.


4. Tax Risk: Inherent in international trade are various taxes, such as import and export duties, tariffs, and value-added taxes, which can significantly affect the company's bottom line.


5. Shipping Risk: Risk of goods and shipments being lost in transport or arriving late or damaged, which can increase the cost of goods sold and have a negative impact on profits.


6. Legal Risk: SITC International must comply with the laws and regulations of the countries in which it operates, including those relating to employment, customs, and taxes. A misstep in this area can result in costly fines.


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