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The total cost of ownership - Coursework Example

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This research is being carried out to provide an example of higher total cost of ownership based on international trade, global supply chain. Total cost of ownership as a fundamental factor that influences the cost of doing business in a country…
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The total cost of ownership
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The total cost of ownership

Download file to see previous pages... According to the research findings, it can, therefore, be said that anti-dumping costs, for example, are associated costs that the government wants the consumer to meet based on the suitability and the usability of a product. The government argues that importing an electronic into the country increases the cost of cleaning up the environment since after using the product a consumer is likely to dump the same in the country. Coupled with the countervailing duties, the cost of importing a product into the country thus increases significantly. The total cost of ownership depends on various factors and includes numerous elements of a transaction. These include the cost associated with the pre transaction the transaction and post transaction. The three are vital and have numerous undertakings all of which have financial implications thus contributing to the total cost of ownership. Such costs as the cost of qualifying sources, the price of the product, transportation costs and follow up and correction costs are some of the basic costs whose values contribute to the cost of ownership. Additional factors that increase the total cost of ownership especially for global supply chains are duties levied by the government. Import duties are levies that a government attaches to every product that enters the country. Such are important taxes that coincidentally increase the cost of doing business thus raising the total cost of ownership. ...Download file to see next pagesRead More
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