1. You are a Vice President for International Sales at FoodTrade, a large trading company that exports processed foods to Africa. You are frustrated that African countries impose high tariffs

1. You are a Vice President for International Sales at FoodTrade, a large trading company
that exports processed foods to Africa. You are frustrated that African countries impose
high tariffs (75%) on processed f00d imports. These barriers raise FoodTrade’s cost of
doing business and make your prices less competitive in African markets. But Africa
suffers from widespread poverty and African governments use tariffs to raise needed
revenues to achieve policy objectives. A) Use the 5 steps in the Ethical Framework to analyze (1N DEI’AIL) the arguments for and
against high agricultural tariffs. 1—The problem for FoodTrade is that due to the high tariffs we lose money and may become
weaker as a company to our competitors if we choose to lower our cost of business but since
we raise the cost to do business we have higher priced products that still make us less
competitive. Africa being a poor country they need to do what they can in order to get some
increase in their capital so they impose high tariffs as a means to develop the country’s financial
status. Both the company and Africa are doing something to try and get a profit. 2-When we examine the facts FoodTrade does not want to lose money when it comes to
business which is why we raise the cost as a company to do our business when though we
become less competitive so that in the processed foods we are able to sell we are making
something. When we look at Africa they are in need and have the right to impose these tariffs in
order to develop as a country and develop economically. 3-When we try to think of alternatives to this situation as vice president of my company I need
to understand that in business I am not the only person seeking to make profit and that I need to understand that Africa is not as economically lucky as me as a head of a company or other
company’s in the USA. With the increased tariffs from Africa they can use that capital gain and
inject it back into the country for what is truly needed. As a company I can try to negotiate a
deal where as a company I would agree to more increased business on my processed foods to
them wanting to them develop and getting the foods they need their for my people since
the people try rely on these types of foods to feed the people once the ball starts rolling and
Africa gets better investment and develop more the country and economy tariffs would be
dropped while our company would still do business worth them to continue that flow to us
a company to make out profit while having our company as the primary source for them to get
the processed foods. 4—0nce these terms are accepted as a company we would first accept the high tariffs knowing in
the beginning there may or may not be a profit but we will continue to send out products and
once they get more economically sound tariffs would drop where we could lower cost of
business making are products more competitive and still doing business to were both the rnllnl’rv and mu rnmnnnv an:- mnkino mnnpv

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