Summary C212 Discuss two inherent risks associated with launching new products and/or services to

C212 Discuss two inherent risks associated with launching new products and/or services to C212 Discuss two inherent risks associated with launching new products and/or services to a global market and how to minimize these risKS. Launching new products and services to a global market can be a risky endeavor. Two inherent risks associated with this process are cultural differences and regulatory compliance. However, there are ways to minimize these risks. Firstly, cultural differences can pose a significant risk when launching new products and services globally. Different cultures have different values, beliefs, and preferences, which can affect the acceptance and success of a product or service. To minimize this risk, companies should conduct thorough market research to understand the cultural nuances of the target market. This research should include an analysis of consumer behavior, preferences, and trends. Additionally, companies should consider adapting their products a