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8 June, 12:49

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.

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  1. 8 June, 13:07
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    Answer: No, it is not necessarily the best decision.

    Explanation:Change in government policy takes most of the time especially against foreign goods importation. There are other ways which i can influence Government decision of which includes Lobbying, Offer of incentives, improve the quality of your products, offer to employ the Japanese citizens, engage different pressure groups who can engage the government on the quota issue, I will commit to carrying out some CSR (corporate social responsibility).
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