You are the manager of the only firm worldwide that specializes in exporting fis

Question

You are the manager of the only firm worldwide 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? Explain.

Explanation / Answer

In this case, this is not in their best interest. Since they have the first move advantage, their best choice would be to be the first to export to Japan. In this method, you will be the first to get your product shipped and you will not have to worry about the quota. Hope this helps

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.