IB0013 –Export Import management

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ASSIGNMENT

DRIVE	SPRING 2016
PROGRAM	MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDIB (SEM 1)
SUBJECT CODE & NAME	IB0013 –Export Import management
CREDIT	4
BK ID	B 1907
MAX.MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Question.1. What are the various approaches to exporting? Explain the benefits of export?

Answer:The term export means shipping in the goods and services out of the jurisdiction of a country. The seller of such goods and services is referred to as an "exporter" and is based in the country of export whereas the overseas based buyer is referred to as an "importer". In international trade, "exports" refers to selling goods and services produced in the home country to other markets.

Increasing sales: Exporting is one way of increasing your sales potential; it expands the "pie" that you earn money from, otherwise you are stuck trying to make money only out of the local market. In the case of South Africa, our

Question.2. Explain the procedure for Establishing a Business Firm.

Answer:Starting a company is hard work that requires attention to detail and a checklist on the right procedures. According to CNN Money, starting your own business can be a anxious decision to make. One of the ways you can help gain confidence in your business startup is to follow the basic procedures on starting a company.

Business Plan: Without a business plan, it can be difficult to

Question.3. What are the Terms and Conditions of an Export Order?

Answer:In reality, an export exercise is concluded successfully only after the exporter has been able to deliver the consignment in accordance with the export contract and receive payment for the goods.

This involves practice of prescribed procedure to be performed (Branch 2000). The fact is that one does not need only to be very well informed about his/her export company, his/her products, his/her suppliers, his/her export chain, his/her market, the world market, but one also needs to know the export rules and terms, the different cultures that one targets and the final customers’ needs.

Question.5. What are the various types of commercial documents used in export trade?

Explain in detail.

Answer: Documents required for an international sale can vary significantly from transaction to transaction, depending on the destination and the product being shipped. At a minimum, there will be two documents: the invoice and the transport document. The buyer will usually provide the seller with a list of documents needed to get the goods into his country as expeditiously and inexpensively as possible. Some documentary

Question.6. What are the Various Schemes Offered to Exporters?

types of schemes offered

Answer:The mutual fund industry of India is continuously evolving. Along the way, several industry bodies are also investing towards investor education. Yet, according to a report by Boston Analytics, less than 10% of our households consider mutual funds as an investment avenue. It is still considered as a high-risk option.

In fact, a basic inquiry about the types of mutual funds reveals that these are perhaps one of the most flexible, comprehensive and hassle free modes of investments that can accommodate various types of investor needs.

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

“ help.mbaassignments@gmail.com ”

or

Call us at : 08263069601

(Prefer mailing. Call in emergency )