While on a trip to South Africa, Erin was impressed with colorful woven outdoor placemats, floor mats, chair cushions, and umbrellas that local artisans were weaving. Upon returning to the U.S., she was confident that U.S. consumers would be as intrigued by these accessories as she was. Erin decided to explore the possibility of starting an importing business to bring these products to the U.S. Which of the following statements seems to be good advice for Erin?A. Learn from others who import goods from abroad, and particularly from Africa.B. Make certain that you have twice the cash necessary to make your first purchases.C. Before performing a feasibility study, form your legal business status.D. Since most import businesses are also export businesses, find a U.S. product South Africans would be willing to buy.
Business
Views: 0 Asked: 12-04 19:35:49
On this page you can find the answer to the question of the business category, and also ask your own question
Other questions in category
- Match the following government organizations with their healthcare and/or health information technol...
- 2) Can a caterer use leftover foods donated to a charity as a charitable tax deduction? Why or why n...
- bbers corporation overstated its ending inventory balance by $15,000 in the current year. what impac...
- which statement accurately depicts how volatile exchange rates affect the international capital mark...
- The sales and cost data for two companies in the transportation industry are as follows:...
- Trisha works for a company where authority is decentralized, and there are only three levels in her ...
- True or false: in situations where an annual budget deficit exists, cutting expenses from the budget...
- The framers of the constitution wanted ________ to choose the president and vice president....
- assume that the firm is hiring labor in a purely competitive market. if the wage rate is $11, how ma...
- Which document needs to be submitted, along with reconciled cash, from each department to the main c...