Question

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.
A. Learn from others who import goods from abroad, and particularly from Africa.

Answer 1

Answer:

A. Learn from others who import goods from abroad, and particularly from Africa.

Explanation:

When on a trip to South Africa, Elena was very much impressed with the local artisan's weaving. She was impressed  floor mats, colorful woven outdoor placemats, chair cushions and umbrellas.

On returning to USA, she decided to start an import business from Africa of these accessories.

But before starting her business, she has to speak to the people and learn from them who are already in the business. She should learn from the people who imports goods from foreign land mainly from Africa about the processes and the possibilities of the business.

Thus the answer is ---

A. Learn from others who import goods from abroad, and particularly from Africa.