BAD 255 QUIZ 9

[Name of the Institute]

Answer No 1.

Introduction

The product that will be focused upon for exporting in Brazil is electronic accessories of smart phone. When talking about exporting to Brazil there are basically three methods that help in defining exporting to international or metropolitan counties.

The first method is through selling of products and services in a metropolitan area and to business sectors or selling to someone residing in a foreign country so that he could act as a whole seller and sell to the concerned business and shops operating in the international markets.

The second methods is through shipments through the cross border areas this kind of export is comparatively cost effective as huge amount of good could be exported at a lower cost however the time frame for delivering could then be higher and the taxation on shipment is also lower compared to air freight.

The third method for exporting thorough the customers department where shipment travels from a broad geographic region to the customs department district and auction takes place with all the potential business owners bid according to the market rate for the good. However when talking about a service it cannot be exported unless a franchise is not set up for the service in the international markets and human resource is not trained according to the service standard that needs to be uniform all over the franchises in the world.

The market scenario in Brazil

Brazilian markets because of its high disposable income are an attractive market for exporting electronic components for smart phone because when the per capita income of a country is high the demand for luxury goods such a smart phone increases. And due to such rise in income statistic shows that many Brazilian phone users shifted from ordinary phones to latest features phone in 2011 as smart phones are becoming very popular all over the world and are considered as a part of lifestyle many high income customers would be willing to invest in such a product regardless of the cost hence the same target market would be keen on purchasing latest technology electronic accessories which are complimentary to a smart phone.

Future Prospect of exporting cell phones in Brazil

The future prospect for exporting iphone in Brazil is extremely good due to an expectation of rise in volumes of cell phones at the CARG 10% over the coming forecasted months, and the comparatively lower ...