please answer the case study. briefly.

Case Study: Grand Exponters Limihed Cansider the case of Grand Exporters Limited, a fypoehescal company that manulactures screwctivers. Grand Exporters would lite to enter into the Ation market and has drahed a marketing plan. During a trade fair in thong Kong a hocal hwrthare diseributor appenoched Gand Exponers to discuss imporing the screwditivers. Aner some consideration. Grand Exporters docided to pursue the opportunity. During negotistions, the Hong Kong importer proposed using the CrF incotermst nies for their transaction, which means me imponer would take delivery at the port in Hong Kong. To determine the expert cost of the screwdivera. Grand Exporters used the export consing sheet itustrated in Tabe 1.2 Oy catulating the Cif hong Kong price an procmely as postible for the preduct. chapget and the probld mangit Athough it is inportand, the epport cost by ised as not the only variatele io consider befove condueting an externational Eacle tranduction. Exporters itumel marker price. Aheler again so the case of Gonad Exporters Limited, the hpothetical crampany market and mhewal factors and muat now ser a pricing strakgy. The asalysa negonistions, and revented the following informutive Emrirovineatal factors: Those include foreign eashacge rase, intason, tam: and regulatons. The analyes tweales that Hong Kong has mable foresgr protuct A seven percent goods and servees tar a applest. country such as Rusia whore fortigh evehange and inhation raves fuctuste proing is seory. The iocal conswer goveraly prefera a domeatc product, and are accesshle, and maygrs ave smble at anound ro perceve for the wholossle. and 20 pewcesefor the netalker. A confentable prodet is asld in Mosg Kang for Cade to.500 for 1 . 000 unh. Mong Kong's aconomy a growery and wo is the market. production costs and divitution. Grand Eyporters hal alkay intised on a proht marpis of 25 pescent on its product. its praduction coun ate at an Athough it as importave, the export onst by fised it not the only variable to consciter betove conductivg an intomanonal trade transaction. Exportors must martat price. thar manutactures sconstivers. The compary has anayzed emevonental. marker and intewal factirs ard most now aof a pricing stategy. TNo analyse diew Leon data foom a market suney and other intormation obtined daring the Envirovmental faciors These inclucle forvigu eachunge rate, milision, iaws and regutitions. TBe analgas wealed that Hong Kong has statie forsign exchange and inflation rates and has no liws or regutacons attecting the Notes. The retuta of itin araystin might be tar more complox in the case of at Market factors: These incluble ite compestion, the maver soucture, maviet share and importer porchasing power, Grand Cxporter' anwyat revest thet the Hong Kong manker for scow wativer in heghy fagmented and the coeppetion over prieing is stong the local contamer govespaly aveturs a domestic proctuch and thero are numeroul produch of ainiby qualty avalable. Distibution channeh are acchssible and magins are smable at areund 19 pertent for the whoksaief and 20 porcectifor the netalec. A comparable product as scled in Aforg Kong for market. Nore: Consweviry how quichly changes can ochur in a masket eporiors muat ute the most recent data avalable production wests and distribution Grand Exporters tas alweyt entiked on a pexlit margin of 25 percest on ite prodien. its preduction caats as at an lasson nuving far bebw the maemum level, and ecoeomes of scale would be possbibe frotuction was inerekted. Anayaring these factors wit casse the exporterto tavour a certan pricing stakegy. possible due to signdicart compettion over proing and the nawber of simler products avalatile in the market. The exporter has exceit expocity and newds an edge to give the prodici an advantige since af ite same perce, local products will be tovoned Therefore, a lower price in the objective Acoordiply, a penetrabon pricing atritisy seem arpvopriate Retaning to the cast of Carard Exponters Limied. Ste peceding alkpt estabiched two esserstal points. Fint, the analyat prompted Grand Exportersio selecd a peoetration pricing atrategy, asd second; the maximum acceptable pries is CAD 10.500. The conpatry albs inowt that an expont cont is CAD 7,853.19 Cif Hoer Kong, as desemined in Sirp 1. in a situation auch as thit ale. the conpany mist ensure that the cost of sates Cif Hong kong is fow enough to be competetive ond to satily the market nequirumenet. Fo veraty thes. Grand Expoters has fo add the prolt magine of the wholesaler and the redaiker, as well as keal axxas to es codr of sales (CAD 7,853 19) the bocal tax is 7 No of the CIF Price and the whilesaler profit and the metailer profit is 20% eich one of tha CIF price Quastions A - Calculme the FOB and CIF Price B - What is the dumping price tor exporting to Honk Kong C - it is Possible to use a skimming Price Strategy in this case and at what price in Honk Kong D - What could be an effective Pricing strategy in this case and Why?. Explain Case Study: Grand Exponters Limihed Cansider the case of Grand Exporters Limited, a fypoehescal company that manulactures screwctivers. Grand Exporters would lite to enter into the Ation market and has drahed a marketing plan. During a trade fair in thong Kong a hocal hwrthare diseributor appenoched Gand Exponers to discuss imporing the screwditivers. Aner some consideration. Grand Exporters docided to pursue the opportunity. During negotistions, the Hong Kong importer proposed using the CrF incotermst nies for their transaction, which means me imponer would take delivery at the port in Hong Kong. To determine the expert cost of the screwdivera. Grand Exporters used the export consing sheet itustrated in Tabe 1.2 Oy catulating the Cif hong Kong price an procmely as postible for the preduct. chapget and the probld mangit Athough it is inportand, the epport cost by ised as not the only variatele io consider befove condueting an externational Eacle tranduction. Exporters itumel marker price. Aheler again so the case of Gonad Exporters Limited, the hpothetical crampany market and mhewal factors and muat now ser a pricing strakgy. The asalysa negonistions, and revented the following informutive Emrirovineatal factors: Those include foreign eashacge rase, intason, tam: and regulatons. The analyes tweales that Hong Kong has mable foresgr protuct A seven percent goods and servees tar a applest. country such as Rusia whore fortigh evehange and inhation raves fuctuste proing is seory. The iocal conswer goveraly prefera a domeatc product, and are accesshle, and maygrs ave smble at anound ro perceve for the wholossle. and 20 pewcesefor the netalker. A confentable prodet is asld in Mosg Kang for Cade to.500 for 1 . 000 unh. Mong Kong's aconomy a growery and wo is the market. production costs and divitution. Grand Eyporters hal alkay intised on a proht marpis of 25 pescent on its product. its praduction coun ate at an Athough it as importave, the export onst by fised it not the only variable to consciter betove conductivg an intomanonal trade transaction. Exportors must martat price. thar manutactures sconstivers. The compary has anayzed emevonental. marker and intewal factirs ard most now aof a pricing stategy. TNo analyse diew Leon data foom a market suney and other intormation obtined daring the Envirovmental faciors These inclucle forvigu eachunge rate, milision, iaws and regutitions. TBe analgas wealed that Hong Kong has statie forsign exchange and inflation rates and has no liws or regutacons attecting the Notes. The retuta of itin araystin might be tar more complox in the case of at Market factors: These incluble ite compestion, the maver soucture, maviet share and importer porchasing power, Grand Cxporter' anwyat revest thet the Hong Kong manker for scow wativer in heghy fagmented and the coeppetion over prieing is stong the local contamer govespaly aveturs a domestic proctuch and thero are numeroul produch of ainiby qualty avalable. Distibution channeh are acchssible and magins are smable at areund 19 pertent for the whoksaief and 20 porcectifor the netalec. A comparable product as scled in Aforg Kong for market. Nore: Consweviry how quichly changes can ochur in a masket eporiors muat ute the most recent data avalable production wests and distribution Grand Exporters tas alweyt entiked on a pexlit margin of 25 percest on ite prodien. its preduction caats as at an lasson nuving far bebw the maemum level, and ecoeomes of scale would be possbibe frotuction was inerekted. Anayaring these factors wit casse the exporterto tavour a certan pricing stakegy. possible due to signdicart compettion over proing and the nawber of simler products avalatile in the market. The exporter has exceit expocity and newds an edge to give the prodici an advantige since af ite same perce, local products will be tovoned Therefore, a lower price in the objective Acoordiply, a penetrabon pricing atritisy seem arpvopriate Retaning to the cast of Carard Exponters Limied. Ste peceding alkpt estabiched two esserstal points. Fint, the analyat prompted Grand Exportersio selecd a peoetration pricing atrategy, asd second; the maximum acceptable pries is CAD 10.500. The conpatry albs inowt that an expont cont is CAD 7,853.19 Cif Hoer Kong, as desemined in Sirp 1. in a situation auch as thit ale. the conpany mist ensure that the cost of sates Cif Hong kong is fow enough to be competetive ond to satily the market nequirumenet. Fo veraty thes. Grand Expoters has fo add the prolt magine of the wholesaler and the redaiker, as well as keal axxas to es codr of sales (CAD 7,853 19) the bocal tax is 7 No of the CIF Price and the whilesaler profit and the metailer profit is 20% eich one of tha CIF price Quastions A - Calculme the FOB and CIF Price B - What is the dumping price tor exporting to Honk Kong C - it is Possible to use a skimming Price Strategy in this case and at what price in Honk Kong D - What could be an effective Pricing strategy in this case and Why?. Explain