COMMERCE 4SA3 Study Guide - Midterm Guide: Married People, Fasttrack, Coral Gables, Florida
Document Summary
Oec manufactures a wide variety of small office equipment (such as copying machines, recording machines, mail scales, and paper shredders) in eight different countries and distributes and sells products worldwide. No manufacturing in facilities in peru - but are selling in peru since 1970s. Oec first tried selling in peru through independent importers but quickly became convinced that in order to make sufficient sales it needed to have its own staff there. Oec is constructing its first factory in peru that is scheduled to begin operations in early: this factory will import components for personal computer printers and assemble them locally. By assembling locally and then exporting oec expects to be able to ward off trade restrictions on the other office equipment it imports for sale within peru. Oec, by policy, will replace the existing managing director with an internal candidate.