Assume you work for a Norwegian company exporting a container of salmon to Azerbaijan or Haiti. The customs official informs you that there is a delay in clearing your container through customs, and it may last a month. However, if you are willing to pay an "expediting fee" of €200, he will try to make it happen in one day. What are you going to do?

Question

Business

Adriana Patrick

22 January, 09:57

Assume you work for a Norwegian company exporting a container of salmon to Azerbaijan or Haiti. The customs official informs you that there is a delay in clearing your container through customs, and it may last a month. However, if you are willing to pay an "expediting fee" of €200, he will try to make it happen in one day. What are you going to do?

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Answers (1)

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Virginia Haas · Answer 1

Consider the offer

Explanation:

Remember, for most companies their profits are dependent on the amount of sales. Thus, when products are delayed on route to reach their desired market it may affect the company financially. Thus, paying an "expediting fee" of €200 will a good strategy to reduce the waiting time, and it will be in the best interest of the Norwegian company.