Exposure to financial risks of importing companies of vehicle engines

Abstract

The development of any business involves a set of risks that could affect business operations to different degrees, however, particularly financial risks is one of the most feared, for that reason this research focuses on describing the causes of exposure to financial risks of importing and trading companies of vehicle engines in the city of Maracaibo, Venezuela. Methodologically it is a descriptive, field study because it has access to the only three large entities that are dedicated to the nature of the business described, highlighting the non-experimental study for not manipulating the variable under study. It was found that the prevailing causes are not systematic that affect the generation of expected economic benefits that affect the ability to obtain better assets to sustain its liquidity, making it difficult to grant credit so as not to weaken capital. Likewise, they face systematic causes as a result of complying with macroeconomic policies imposed by the Venezuelan state, causing changes in the market, and sometimes losses due to claims. For this reason, it is suggested to make intelligent financial decisions to the extent that the external factors or existing systematic causal factors allow them, in order to maintain business operations despite the economic instability that this sector of activity is facing.