One advantage of importing is that an importer can diversify its operating risks by developing alternative suppliers.

Question

Quizplus · Accepted Answer

By importing from different suppliers, an importer can reduce its dependency on any one supplier and decrease the risk of disruptions in the supply chain caused by factors such as political instability or natural disasters. This helps to diversify the operating risks of the importing business.

One Advantage of Importing Is That an Importer Can Diversify