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SMU MBA SEMESTER 3 IB0013 –Export Import management

SMU MBA SUMMER 2015 -2016

 

Dear Students, 

 

SMU MBA SUMMER   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 ”

 

DRIVE: summer 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 another country. There are visible and invisible exports. The exports

 

 

 

Q2. Setting up an appropriate business organization specifically dedicated to export is one of the essential requirements to initiate export business. List the important points in setting up an export firm and discuss them in brief.

  • Listing
  • Explanation

Answer:

 

Setting up an appropriate business organization specifically dedicated to export is one of the essential requirements to initiate the export business. The first question for a prospective exporter is to decide upon the kind of business organization they require for exporting. There can be three types of organizations: a sole proprietary concern, a partnership firm or a company.

 

 

 

Q3. Discuss the stages in processing of an export order.

(Stages in export order) 10

Answer:

The processing of an export order is a part of export business. There are considerable risks involved in processing an export order; therefore, there is a need of proper care and caution from the side of both parties while entering into an export contract. The export order should be acknowledged, followed by a thorough examination of items, specification, pre-shipment inspection

 

 

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

 

 

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

 

 

SMU MBA SUMMER 2015 -2016

 

Dear Students, 

 

SMU MBA SUMMER   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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