Worksheetssmart risk
Total questions: 2
Worksheet time: 2mins
Our client at Amazon informs you that they are launching a new customer-facing service to repair customer devices in a country where we have never launched a similar service before. They also tell you that they have made a commitment to leadership to launch in a week and everything is in place and ready for launch. However, they just heard from another team that we need a special government permit in this country in order to launch the service and that the permit takes 2 months from application to acquire. The client is seeking our advice. What’s the best approach to follow here?
Advise against launching the service due to current risks.
Discuss the likelihood of sanctions and enforcement with your client.
Discuss possible ways to soften or partially launch the service, excluding only the jurisdictions or functionality that depend on the permit.
Do a risk assessment and identify non-legal consequences like PR/PP risks and put a mechanism in place to avoid missing this pre-requisite in the future.
Discuss ways to change the service so as to avoid the permit requirement.
Your business team is about to sign an exclusive deal for Taylor Swift-branded guitars. The deal requires Amazon to commit to purchasing tens of millions of dollars worth of inventory, and is essentially a marketing deal as it depends on Taylor promoting the product on social media. Days before signing, the guitar company reveals that Taylor won't sign the contract and they have no way of making her perform. What do you tell the business?
Look for a different exclusive deal.
Buy the inventory anyways and look for an alternative solution.
Get out of the inventory commitment if Taylor doesn’t perform.
