Anonymous
Jan 16
With references outline the strength and weakness of KWETU STORE?
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Jan 16
Strengths of KWETU STORE:
1. Unique and Authentic Products: KWETU STORE offers a wide range of products that are unique and authentic, showcasing the rich cultural heritage of Africa. This uniqueness sets them apart from other stores and attracts customers looking for something different.
2. High-Quality Products: The store is known for its commitment to providing high-quality products. They source their products from local artisans and craftsmen, ensuring that each item is made with attention to detail and craftsmanship.
3. Social Impact: KWETU STORE has a strong social impact by supporting local artisans and craftsmen. By purchasing products from them, the store helps to empower these individuals economically and preserve traditional skills and techniques.
4. Online Presence: The store has a well-established online presence, making it accessible to customers worldwide. This allows them to reach a larger customer base and expand their business beyond physical store locations.
Weaknesses of KWETU STORE:
1. Limited Product Range: While KWETU STORE offers unique and authentic products, their product range may be limited compared to larger retailers. This could potentially limit customer choices and preferences.
2. Pricing: Some customers may find the prices at KWETU STORE relatively higher compared to mass-produced products available in other stores. This could deter price-sensitive customers from making purchases.
3. Shipping and Delivery: As an online store, KWETU STORE relies on shipping and delivery services to reach customers. However, they may face challenges in terms of shipping costs, delivery times, and potential issues with international shipping.
4. Brand Awareness: KWETU STORE may face challenges in terms of brand awareness, especially in markets where African products are not widely known or appreciated. This could limit their customer base and require additional marketing efforts to establish their brand.
1. Unique and Authentic Products: KWETU STORE offers a wide range of products that are unique and authentic, showcasing the rich cultural heritage of Africa. This uniqueness sets them apart from other stores and attracts customers looking for something different.
2. High-Quality Products: The store is known for its commitment to providing high-quality products. They source their products from local artisans and craftsmen, ensuring that each item is made with attention to detail and craftsmanship.
3. Social Impact: KWETU STORE has a strong social impact by supporting local artisans and craftsmen. By purchasing products from them, the store helps to empower these individuals economically and preserve traditional skills and techniques.
4. Online Presence: The store has a well-established online presence, making it accessible to customers worldwide. This allows them to reach a larger customer base and expand their business beyond physical store locations.
Weaknesses of KWETU STORE:
1. Limited Product Range: While KWETU STORE offers unique and authentic products, their product range may be limited compared to larger retailers. This could potentially limit customer choices and preferences.
2. Pricing: Some customers may find the prices at KWETU STORE relatively higher compared to mass-produced products available in other stores. This could deter price-sensitive customers from making purchases.
3. Shipping and Delivery: As an online store, KWETU STORE relies on shipping and delivery services to reach customers. However, they may face challenges in terms of shipping costs, delivery times, and potential issues with international shipping.
4. Brand Awareness: KWETU STORE may face challenges in terms of brand awareness, especially in markets where African products are not widely known or appreciated. This could limit their customer base and require additional marketing efforts to establish their brand.
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Abrish Tony
Jan 16
XYZ company imported machinery from China. The invoice of the imported machinery was $7,000.The following costs were incurred in relation with the importation:
Insurance------------------------------------15,000.00
Freight from China ------------------------10,000.00
Brokerage Fee------------------------------25,000.00
Facilitation Fee ---------------------------- 3,000.00.
The imported machinery was imposed $50,000.00 customs duty and $30,000.00 excise taxes. The company likewise spent $50,000.00 for trucking fee from the customs warehouse to its warehouse in Hawassa city. The Company is a VAT registered Entity. The VAT on importation would be:
Insurance------------------------------------15,000.00
Freight from China ------------------------10,000.00
Brokerage Fee------------------------------25,000.00
Facilitation Fee ---------------------------- 3,000.00.
The imported machinery was imposed $50,000.00 customs duty and $30,000.00 excise taxes. The company likewise spent $50,000.00 for trucking fee from the customs warehouse to its warehouse in Hawassa city. The Company is a VAT registered Entity. The VAT on importation would be:
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Anonymous
Jan 16
XYZ company imported machinery from China. The invoice of the imported machinery was $7,000.The following costs were incurred in relation with the importation:
Insurance------------------------------------15,000.00
Freight from China ------------------------10,000.00
Brokerage Fee------------------------------25,000.00
Facilitation Fee ---------------------------- 3,000.00.
The imported machinery was imposed $50,000.00 customs duty and $30,000.00 excise taxes. The company likewise spent $50,000.00 for trucking fee from the customs warehouse to its warehouse in Hawassa city. The Company is a VAT registered Entity. The VAT on importation would be:
Insurance------------------------------------15,000.00
Freight from China ------------------------10,000.00
Brokerage Fee------------------------------25,000.00
Facilitation Fee ---------------------------- 3,000.00.
The imported machinery was imposed $50,000.00 customs duty and $30,000.00 excise taxes. The company likewise spent $50,000.00 for trucking fee from the customs warehouse to its warehouse in Hawassa city. The Company is a VAT registered Entity. The VAT on importation would be:
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