If we consider the Paychex Flexible and ADP Compliance with Pay Convenience packages, the cost difference is even greater. Paychex Flexible is 543% more than QuickBooks Online Payroll, and ADPâs package is 477% more expensive. The Paychex cost ignores the cost of getting printed checks, which needs to be added to produce a fair comparison to ADP.
2) Adaptation: Another way of managing political risk is adaptation. Adaptation means incorporating risk into business strategies. MNCs incorporate risk by means of the following three strategies: local equity and debt, development assistance, and insurance. i) Local Equity and Debt:
The beauty of political risk insurance is that it is available in more than 150 countries including high-risk markets such as Afghanistan, Iraq, Democratic Republic of Congo and Rwanda.