Risks associated with using local distributors

Assignment Help Microeconomics
Reference no: EM13695129

1. Why does Vellus export through local distributors rather than set up its own sales force in country? What are the risks associated with using local distributors? How can these risks be reduced?

2. Vellus’s original entry into exporting was both reactive and serendipitous. Do you think this is the exception or the rule for small businesses? What might be done to make small firms more proactive with regard to exporting?

3. What lessons about successful exporting can be derived from the Vellus case?

4. How important has government assistance been to Vellus Products? Do you think helping firms such as Vellus represents good use of taxpayer money?

Reference no: EM13695129

Questions Cloud

How does it apply to capital taxation : Show through a graph how a tax on a second good can increase welfare? What are the policy implications of this result? How does it apply to capital taxation?
What is the coefficient of determination : High school students were interested in a teacher's claim that the longer the length of time (hours) that a student studies for a test, the higher the test scores. The students collected the data and the teacher did the regression analysis with the f..
Marginal costs differ from person to person : On a tropical island there are 100 potential boat builders, numbered 1 through 100. Each can build up to20 boats a year, but anyone who goes into the boatbuilding business has to pay a fixed cost of $19. Marginal costs differ from person to person.
What strategy was avon pursuing until the mid-2000s : What strategy was Avon pursuing until the mid-2000s? What were the advantages of this strategy? What were the disadvantages? What changes did Andrea Jung make in Avon’s strategy after 2005? What were the benefits of these changes? Can you see any dra..
Risks associated with using local distributors : Why does Vellus export through local distributors rather than set up its own sales force in country? What are the risks associated with using local distributors? How can these risks be reduced?
Affect the success of international projects : The key factors that affect the success of international projects are:
Drive on a toll-road vs. a free-access interstate : How do costs play into your everyday life? For example, why might it be cheaper to drive on a toll-road vs. a free-access interstate? Also, can you identify situations where you may fall victim to the sunk cost fallacy (we all do)?
Marginal revenue curve shifts upwards as market price rises : Assume that the medical screening industry is perfectly competitive. Consider a typical firm that is making short-run losses. Suppose the medical screening industry runs an effective advertising campaign which convinces a large number of people that ..
Explain how scarcity and choice are related : Explain how scarcity and choice are related. Economic theory says that a rise in the price of a good will cause people to buy less of it. If the price of meat increases and John Doe buys more meat, has the theory been refuted? Explain.

Reviews

Write a Review

Microeconomics Questions & Answers

  Whether fiscal policy and conventional monetary policy

Show a liquidity trap equilibrium in an IS-LM diagram and an AS-AD diagram. Give an explanation for the slopes and positions of the curves in the diagram. Explain whether fiscal policy and conventional monetary policy can solve the liquidity trap pro..

  Estimate the following quarterly sales forecasting model

The equation is estimated using quarterly data on new boat sales in the county from the 3rd quarter of 2001 to the 4th quarter of 2007 (t = 1,…,26). The variable D is a dummy variable for the second quarter, which is the “season” for selling new boat..

  Wat occurs to level of income relative to full employment

your economy is in full employment equilibrium. suddenly an improvement in technology moves the lras to the right. what

  How do programs such as the nehemiah program

The loan office of the bank has just called Ms. Firth to mention another financing possibility-the graduated payment mortgage. Terms, interest rates, and fees are the same as a normal mortgage. However, by lowering the payments in the early years,..

  Please note that this is a follow up question to the last

please note that this is a follow up question to the last assignment i submitted. it would be great of the person who

  Calculate first degree price discrimination problems

How to calculate first degree price discrimination problems?

  Is the response predominantly income or substitution effect

Suppose that the cost of living increases, thereby reducing the purchasing power of your income. If your money wage doesn't increase, you may work more hours because of this cost-of-living increase. Is this response predominantly an income effect ..

  What is the capitalized equivalent amount

6. What is the capitalized equivalent amount worth, at 8% annual interest compounded semiannually, for a present initial cost investment of 50,000 a series of semiannual positive disbursement of 5,000 that extent to infinity and in 12 years th..

  How does banks finding relate to economists traditional

Recently, a bank was trying to decide what fee to charge for "expedited payments" - payments that the bank would transmit extra-speedily to enable customers to avoid late fees on cable TV bills, electric bills, and the like.

  Would you be indifferent between the plans

Would you be indifferent between the plans?

  Finding firm profit from its cost graph

The upper graph is for perfectly competitive firm. The lower graph is for the monoploist. Employ the graphs to answer the following questions: What is the firm's Total Revenue?

  Produce extremely shaped indifference curves

We know that indifferent curves can help people make decisions when choosing between various goods, and when choosing among work and leisure. Discuss other decisions that indifference curves may be helpful in analyzing. Can you think of circumstances..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd