Negotiating a contract to supply products


Assignment:

Q1. Sumitomo Chemical of Japan has one week in which to negotiate a contract to supply products to a U.S. company at a dollar price that will remain fixed for one year. What advice would you give Sumitomo?

Q2. U.S. Farm-Raised Fish Trading Co., a catfish concern in Jackson, Mississippi, tells its Japanese customers that it wants to be paid in dollars. According to its director of export marketing, this simple strategy eliminates all its currency risk. Is he right? Why?

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Operation Management: Negotiating a contract to supply products
Reference No:- TGS01961025

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