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You have just met with the director of marketing for a small manufacturing company. She has just received an order from a retailer in India and would like to figure out how to ship to the buyer without entailing any risk in terms of getting paid for the order. Explain to her what the most common form of export arrangement is best in terms of minimization of risk for the buyer and the seller. An outline of the different steps in the transaction will get you maximum points! (This involves two banks, the exporter and the importer and a number of different documents.)
What is regionalism? Use European Union as an example to illustrate the major steps toward regional integration. What major features can you identify for regional integration in Europe, North America and East Asia? what are the dynamics for regional ..
During the recent 2007-2009 economic contraction, nominal interest rates fell to nearly 0%while the rate of inflation remained positive. What happened to the real interest rate? How would this movement in the real interest rate affect decisions to sa..
The following national income is in billions of dollars: Net domestic product equal?
The risk of failure is an inherent part of free enterprise. Does society have an obligation to come to the aid of entrepreneurs who try but fail? Why or why not? Also, please discuss some ways you can minimize your risk.
The Harvard Business Review presents a story about Peachtree Healthcare called "Too Far Ahead of the IT Curve?" and some challenges it faces in IT integration. After the case study's formal presentation, four commentators weigh in on what solution..
What impact will high and variable rates of inflation have on the economy? How will they influence the risk accompanying long-term contracts and related business decisions?
Determine the breakeven resale price 15 years from now of an apartment house that can be bought today for $549,000. Its annual net income is $64,000. The owner wants a 10% annual return on her investment.
Market that gives auctions, request for quote postings, and other features to firms that want to operate their own marketplace.
Illustrate what is the probability that a simple random sample of auto insurance policies will have a sample mean within $25 of the population mean for each of the following sample sizes: 30, 50, 100, and 400.
Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should hav..
Your brother wants to start a fund to provide for his son's education. He plans to deposit $1,426 at his son's first birthday and then an equal additional deposit every year for 8 years. He wants to have enough in the savings account at the end of th..
Describe if the demand for the following products is price elastic or price inelastic, and explain your answer.
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