Reference no: EM133144623

Unit 1: Negotiations and Planning for Successful International Transactions

Q 1: Congratulations! You've been employed as the new project lead at Gamma Imports. Your first occupation is to figure out which estimating procedure; skimming or infiltration, will bring about the best benefits for another item sold by Gamma Imports. You have been given the Product Cost (CAD), Skimming Retail Price (CAD), Skimming Sales Forecast (Units), Penetration Retail Price (CAD), and the Penetration Sales Forecast (Units). You really want to work out the edge % for the two procedures, the net edge dollars for every methodology, and sort out which system will give the best net benefit. (Net benefit is benefit before SG&A costs.) Which procedure do you suggest? Why? (You want to ascertain all figures to two (2) decimal spots.)

Q 2: Maple Leaf Sports (MLS) sells an extremely well known sporting item in Canada at a rundown cost of Wholesale List Price CAD. MLS has gotten an enquiry from a Japanese wholesaler wishing to purchase the item for resale in Japan. The Japanese wholesaler clarified that the organization would take the Japanese landed expense of the item and utilize Distributor's Margin % to show up at the discount cost for deals to the retail deals outlets in Japan. The landed expense of the item CIF (cost, protection, and cargo) to the mark of objective would work out to CIF Cost CAD before import obligations. Japanese import obligations are determined and charged on the CIF cost and are Duty Rate %. The Japanese retailers require an edge of Retailer Margin %. The current conversion scale is JPY EXCHANGE RATE (Japanese Yen) to 1 CAD. What will the JPY retail cost be in Japan? (You want to ascertain the solution to two (2) decimal spots.)

This section presents my schedule, costs, and qualifications for performing the proposed research. The proposed research project culminates in a formal report that will be completed by December 6, 1995. To reach this goal, I will follow the schedule presented in Figure 1. Because I already possess several books and articles on earthquake prediction, most of my time will be spent sifting through the information, finding the key results, and presenting those results to the audience.

Schedule for completion of literature review. The two triangles represent milestones for the project, the first being the formal presentation on November 11, 1996, and the second being the formal report on December 6, 1996.

Given that I can obtain all my sources for the literature review from the library, there is no appreciable cost associated with performing this literature review. The only costs, which will be minor, are for copying articles, printing the review, and spiral binding the review. I estimate that I can do these tasks for under $10.

I am a senior in the Geological Engineering Department at the University of Wisconsin at Madison. In my undergraduate courses I have taken rock mechanics, soil mechanics, geophysics, and stratigraphy, all of which have included the principles of seismology and stress-strain relationships. In addition, I have taken field courses on structural geology that have introduced me to subsurface behaviors. I believe that these courses and my hands-on experience will aid me in assimilating the proposed literature review. For further information about my qualifications, see the attached resume (not attached on this web site).

References

Bolt, Bruce A., Earthquakes (New York: W. H. Freeman and Company, 1988).

Bolt, Bruce A., Earthquakes and Geological Discovery (New York: Scientific American Library, 1993).

Deshpande, Prof. B. G., Earthquakes, Animals and Man (Pune, India: The Maharashtra Association for the Cultivation of Science, 1987).
Hodgson, John H., Earthquakes and Earth Structure (Englewood Cliffs, NJ: Prentice-Hall, 1964).

Meyer, Larry L., California Quake (Nashville: Sherbourne Press, 1977).

Mileti, Dennis S., and Colleen Fitzpatrick, The Great Earthquake Experiment (Boulder, Colorado: Westview Press, 1993).