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:
Widely, risks can be classified into three types: Business Risk, Non-Business Risk and Financial Risk. 1  Business Risk: These types of risks are taken by business enterprises themselves in order to maximize shareholder value and profits. 2  Non- Business Risk: These types of risks are not under the control of firms.