Use the following information to create a set of recommendations.
You have been hired by the owner of a group (1,200) of unique grocery stores in multiple
countries that sell both local products (produce, meat, dairy, eggs) and hard to find imported
products (exotic fruits and vegetables). They store depends on both the availability and
affordability of both imported and domestic products. The tariffs introduced during the current
environment has the owner extremely concerned with the future profitability of the grocery
stores. During the first rounds of tariffs, the store owner absorbed the increase in costs without
raising prices. However, if the tariffs increase anymore the stores will have to increase prices,
resulting in few sells and less profit.
The store has asked you to come up with two sets of recommendations: (1) what public stance
should the owner have about the current environment of tariffs, (2) what the store should do to
minimize the exposure to the risk of loss due to the tariffs. These are two distinct
recommendations and should be discussed separately in your document think Part 1 and Part
2. This assignment will require some delicate thought on both parts.