While on a trip to south africa, elena 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. elena decided to explore the possibility of starting an import business to bring these products to the u. s. which of the following statements seems to be good advice for elena?
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.
Answers: 3
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While on a trip to south africa, elena was impressed with colorful woven outdoor placemats, floor ma...
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