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Meena’s Pearl Dock
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Meena’s Pearl Dock

A 5 page paper discussing the choices available to the owner of a small business in purchasing decisions. Meena assembles and sells strings of pearls and has the opportunity to purchase a lot of 1,000 from a stranger whose primary business is that of sailor, rather than pearl importer. Meena has no method of judging quality or if the stranger will be available should the pearls prove to be defective. Her other choice is to buy from a local pearl importer who offers the same price but also attaches a guarantee. The paper discusses Meena’s diminished risk in buying from the importer. No sources listed.

Filename: KS-meena.wps

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