FALL-2015
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Master of
Business Administration- MBA Semester 3
IB0013-Export
Import management-4 Credits
(Book ID: B1907)
Assignment (60 Marks)
Note: Answer
all questions must be written within 300 to 400 words each. Each Question
carries 10 marks 6 X 10=60.
Q1. What do you mean by export? How
many types of exports are there? Discuss.
Answer. The term export means shipping the goods and services
out of the port 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
Q2. What are the major terms and
conditions of an export order?
Answer. Payment term in any business is a major part of
sales contract. Terms of payment in exports and imports plays an important role
in international business.
Different
types of terms of payment in international trade.
Advance payment
With a
seller’s point of view, an advance payment is the safe mode of payment for any
business including export business. Receiving amount of sales in advance helps
exporter in various ways to plan his financial activities smoothly.
Q3. Discuss the role played by Export
Promotion Councils and Commodity boards in supporting Indian exporters. Give
examples.
Answer. Export promotion
organizations like
Export Promotion Councils (EPC), Export Development Authorities, Commodity
Boards, India Trade Promotion Organization (ITPO), Exim Bank etc., can play a
very important role in promoting Indian products abroad.
Q4. Write short notes on:
(a) Transport risk
(b) Credit risk
Answer. (a) Transport risk
This risk
occurs where the goods are stolen, pilfered or damaged while in transit.
Commercial marine insurance policies will insure the goods against transport
risks. Professionals of the road transportation industry face a host of dynamic
risk issues such as cost of risk, fleet safety, claims administration, driver
hiring and retention, and compliance and regulations. Failure to sufficiently
address any of these issues can significantly impact the
Q5. What is the significance of bill
of lading for exporter and importer? Explain any 2 types.
Answer. Bill of Lading represents:
Ø A receipt issued by the carrier that
the goods have been loaded on the conveyance.
Ø A title of goods to the consignee
noted on the bill of lading.
Ø Because it is considered a title of
goods, the Bill of Lading can be used as a negotiable instrument and can be
traded much in the same way goods may be.
Q6. What are the different types of
custom duties levied on imported goods?
Answer. Main types of custom duties:-
1. Basic custom duty:-
Basic custom
duty is the main type of custom duty. It is payable u/s 2 of custom tariff act
1975.It has three sub parts
i) Standard
rate
FALL-2015
Get solved
assignments at nominal price of Rs.125 each.
Any issues
mail us at: subjects4u@gmail.com or contact at
09882243490
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