Tuesday, November 27, 2012

Importing Tobacco Products Into the Us

1) The Hook Ciberix, LLC has been operating in Cameroon for over two years as a family business. Ciberix, LLC offers coffee and name brand baccy, cigars, and cigarettes. We also yield an option to make your own roll-your-own tobacco products from the leaf we share. For m all years, the tobacco industry in the U.S. has been monopolized by Latin American countries (such as Nicaragua and Dominican Re exoteric), China, European Nations (England) and some local tobacco producers. Local and Latin American producers continued to operate without any serious competitor for many years. Consequently, their tobacco products are non produced at top quality and are sold to the public for an expensive price. It is for this reason that Ciberix, LLC is seeking to enter the U.S. market and examine a presence which will: -Reduce embodys -Improve efficiency. -Generate new distribution and merchandising channels -Create a new venture into a combine coffee and tobacco stores 2) Problem Tobacco consumption is not at its greatest because of increasingly hostile regulations, judicial decisions, and tobacco oppositeness groups; which leads U.S. Authorities to heavily tax tobacco products; therefore, my competitors (Chinese, U.S.
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, European and Latin American tobacco producers) are forced to sell their products at extremely expensive rates in order to spinning top their cost and turn a profit. In some cases, these producers sell their products as luxury goods. For instance, a cigar will often cost more than $ 50 which is too excessive for the general public. fit in to data collected by the International Monetary stemma (IMF), the income per capita of my competitors is greater than Cameroon (rates are converted to United States dollars). The IMF lists China at $6567 USD, U.S. at $47,702 USD, England at $35,083 USD, Dominican Republic at $10,391 USD, and Nicaragua at $2,636 USD). Compared to Cameroons income per capita ($ 2,164 USD), Ciberixs competitors would pay more in allowance to their... If you want to get a full essay, order it on our website: Orderessay

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