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SMU MBA FALL 2015 – 2016- IB0013 –EXPORT IMPORT MANAGEMENT

SMU MBA FALL 2015 -2016

 

Dear Students,

 

SMU MBA FALL   2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

IB0013 –EXPORT IMPORT MANAGEMENT SMU MBA FALL 2015 IIIRD SEM ASSIGNMENT

 

 

DRIVE: Fall 2015

PROGRAM: MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDIB (SEM 1))

SUBJECT CODE & NAME: IB0013 –EXPORT IMPORT MANAGEMENT

BK ID: B 1907

CREDIT & MARKS: 4 CREDITS, 60 MARKS

Q.1: What do you mean by export? How many types of exports are there? Discuss.

Meaning (5 marks)

Types (5 marks)

Ans:

Meaning:

Traditionally, export is the process by which goods, services or knowledge are traded across national and international boundaries. Exporting is merely trading with the only difference that the customer lives in

 

 

Q.2: What are the major terms and conditions of an export order?

Export order (10 marks)

Ans:

Export order:

The terms and conditions of an export order would vary from order to order depending on the nature of product, parties involved and so on. The following are the standard clauses of an export order:

  • Product and its description
  • Product specifications as regards its quality
  • Price:

 

 

Q.3: Discuss the role played by Export Promotion Councils and Commodity boards in supporting Indian exporters. Give examples.

Role of EPC and commodity boards (7 marks)

Examples (3 marks)

Ans:

In India there are seven Boards that have mandate for export promotion and two have mandate for domestic support. These Boards are for the following commodities: Handicrafts, Silk, Coffee

 

 

Q.4: Write short notes on:

(a) Transport risk (5 marks)

(b) Credit risk (5 marks)

Meaning and effect of transport risk

Meaning and effect of credit risk

Ans:

Meaning and effect of 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. These protect the

 

 

Q.5: What is the significance of bill of lading for exporter and importer? Explain any 2 types.

Bill of lading (5 marks)

2 types of B/L (5 marks)

Ans:

Bill of lading:

For Exporter

  1. It is an acknowledgment from the shipping company that the goods have been received for the purpose of shipment.
  2. After receipt of B/L, it helps him to send the shipping advice to the importer.
  3. If any damage occurs to the cargo during transit, he can hold the shipping company responsible,

 

 

Q.6: What are the different types of custom duties levied on imported goods?

Explain the types of custom duties (10 marks)

Ans:

Explain the types of custom duties

Basic custom duty: Duty which is imposed on the value of goods at a specific rate is known as basic custom duty. It is fixed at a specified rate on ad-valorem basis. Ad Valorem duties are based on value and expressed as a percentage of the total value (assessable value = cost + insurance + freight + 1% landing charges). In case of import from some other countries, the rate specified is

 

 

SMU MBA FALL 2015 -2016

 

Dear Students,

 

SMU MBA FALL   2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

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