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ECO 500 MBA Hamlet Grigoryan Question

ECO 500 MBA Hamlet Grigoryan Question

ECO 500 MBA Hamlet Grigoryan Question

Description

By using a graphic organizer of your choice, create a visual graphic that explains the variables in the question below and how to make the best decision as the manager.

You are the manager of the only firm in the world that specializes in exporting fish products to Japan. Your firm competes against a handful of Japanese firms that enjoy a significant first-mover advantage. Recently, one of your Japanese customers has called to inform you that the Japanese legislature is considering imposing a quota that would reduce the number of pounds of fish products you are permitted to ship to Japan each year. Your first instinct is to call the trade representative of your country to lobby against the import quota.

Is following through with your first instinct necessarily the best decision? Why or why not?

Editable Graphic Organizers:

Graphic Organizers

Free Graphic Organizer Templates

8 Editable Graphic Organizer Templates for Google Apps

Tips on Designing a Graphic Organizer

A graphic organizer, also known as a knowledge map, concept map, cognitive organizer, advance organizer, or concept diagram is a tool that uses visual symbols to express knowledge and concepts by visualizing the relationships between them. The main purpose of a graphic organizer is to provide a visual aid to facilitate learning.

Explanation & Answer:

2 pages

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