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please all answers not more then 100 words and the explination in writing please q1 q2 q3 Answer all the questions given below the case
please all answers not more then 100 words and the explination in writing please
q1
q2
q3
Answer all the questions given below the case studies. For every question given, it should be answered with minimum fifty hundred (50) words and maximum hundred (100) words per question. Part-1 BISHAR group is offering storage and transportation services through direct import of various fruits, meat and vegetables which are hugely required in Sultanate's of Oman. This group is having their business agreement with various other countries to import the required quantities of goods. They are also extended their business contract with the other shipping agencies in the Sultanate. Ammarbinsaif Al-habsi, who is working as a branch manager for BISHAR Group, announced that, the group main objective is to provide the required supplies to the entire Oman citizens irrespective of Covid-19 situational challenges. The required custom formalities are also completed with the export country authorities who are accepted to export the supplies from their countries. He also stated that, previously their group is operated only in two marine routes, but now they are extended to one more route and totally through three marine routes they are importing the required supplies. Various businessmen, commercial agents and traders are also more depending on the same routes to import and export their products to other destinations. He appreciated the adoption of the application of modern systems and technologies to accelerate the pace of clearance and customs inspection of all goods and products before their arrival in the Sultanate through Bayan system. Al-Habsiinvited all stockist, wholesalers, retailers and importers in the Sultanate to utilizetheir service. He also requested the exporters to take advantage of the facilities available in the Omani ports. Questions: 1. How BISHAR group business is helpful to the economy during the current lockdown situation; justify your answer with any five valid points. (5*1 = 5 Marks) 8. As per the information given about BISHAR group find the kind of market it belongs to; (1 Mark) and also discuss any four (4) characteristics of that particular type of market. (4*1 = 4 Marks) 10. Understand the elasticity of demand of the product supplied by the company. Based on the Elasticity of the product decide what would be beneficial for the company to decrease the or increase the price
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