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:
Manage risk. 1  The risk management process. 2  The types of risk your business faces. 3  Strategic and compliance risks. 4  Financial and operational risks. 5  How to evaluate risks. 6  Use preventative measures for business continuity. 7  How to manage risks. 8  Choose the right insurance to protect against losses.