Overview of Import-Export Business by Sarath Madala INBM Jan’14 batch CONTENTS: • Introduction • Incoterms • Shipping Documents • Cargo Insurance • Payment modes/Letter of credit • Advantages • Challenges INTRODUCTION: • Trade: Trade is transfer of ownership of goods or services • International trade: exchange of capital‚ goods and services across international borders • Export: In international trade export refers to selling
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its population. For example‚ South Korea may place a tariff on imported beef from the United States if it thinks that the goods could be tainted with disease. Infant Industries The use of tariffs to protect infant industries can be seen by the Import Substitution Industrialization (ISI) strategy employed by many developing nations. The government of a developing economy will levy tariffs on imported goods in industries in which it wants to foster growth. This increases the prices of imported goods
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Bill or Bill of Export. In case of import by post‚ label or declaration accompanying goods is ‘entry’ Loading and unloading at specified places only Imported goods can be unloaded only at specified places. Goods can be exported only from specified places. Computerisation of customs procedures Customs procedures are largely computerised. Most of documents have to be e-filed. Amendment to documents Documents submitted to customs can be amended with permission In case of bill of entry‚ shipping
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Case 2-1 Absenteeism at ONO Inc. ONO is a large auto-supply company that does a large volume of business with only eleven employees. Absenteeism seems to have increased over the last two years and has had a significant effect on ONO. The information in the text shows that ONO had lost 539 employee labor-hours or 67.375 days to employee absenteeism last year. Because there are only eleven employees‚ this equals out to 6.125 missed days per employee. This is actually less than the United States
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GATE 2011 Syllabus for Biotechnology Linear Algebra: Matrices and determinants‚ Systems of linear equations‚ Eigen values and Eigen vectors. Calculus: Limit‚ continuity and differentiability‚ Partial derivatives‚ Maxima and minima‚ Sequences and series‚ Test for convergence‚ Fourier Series. Differential Equations: Linear and nonlinear first order ODEs‚ higher order ODEs with constant coefficients‚ Cauchy’s and Euler’s equations‚ Laplace transforms‚ PDE- Laplace‚ heat and wave equations.
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Case 16-1: Hospital Supply‚ Inc. Question 1: Total fixed costs (TFC) = fixed costs per unit times normal volume =($660 + $770)*3‚000 = $4‚290‚000. Contribution margin per unit = unit price minus unit variable costs = $4‚350 - $2‚070 = $2‚280. $4‚290‚000 Break - even volume = ------------------ = 1‚882 units $2‚280 Break - even sales =1‚882 units x $4‚350 = $8‚186‚700 Question 2: Effects on monthly shares‚ costs and income. [pic]
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UTMOST ELECTRONICS Utmost Electronics Est. P.O.Box: 115087 Dubai UAE Tel. (general info): +971 4 3275507 Tel. (sales): +971 4 3275507 Tel. (after sales service): +971 4 3477674 Fax: +971 4 3275503 Website: www.almoayyed.com E-mail (general info): ashameer@ykalmoayyed.ae E-mail (sales): sraj@ykalmoayyed.ae E-mail (after sales service): sheriff@ykalmoayyed.ae SEED BIN NASSER AL HASHAR LLC. Muscat Sultanate of Oman Tel. (general info): 00968 24700571 Tel. (sales): 00968 24706004
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ASSIGNMENT A new International cricket stadium to be constructed outside a mega city over a piece of land in 16 months. We have to provide following facilities- 1. Capacity of spectators- 800000 2. Day/ Night play facility 3. TV camera platforms in six directions 4. Safety of players from spectators 5. Pavilion for VIPs to sit 300 6. Parking (adequate space for all above) The time available is 16 months including monsoon. Cost of construction to be recovered in 5
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Exchange Inward Remittance Certificate FOB :Free of Board FT :Foreign Trade FTP :Foreign Trade Policy GATS :General Agreement on Trade in Services ICD :Inland Container Depot IEC :Import Export Code ITC(HS) :Indian Trade Classification (Harmonised System) Classification for Export & Import Items MDA :Market Development Assistance MoD :Ministry of Defence MoF :Ministry of Finance NOC :No objection Certificate PRC :Policy Relaxation Certificate R&D :Research and
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Mystery shopper report For my report I chose the shop Pier 1 Imports‚ I have never heard about this shop before which shows that they have weak marketing strategy. So the reason of having gone to the Pier 1 Imports was actually a gift card presented to my parents. I would like to emphasize here that the gift card is a reason to make a purchase even if you don’t have intentions to buy anything. Another very interesting characteristic of the gift card‚ which not many people are aware of‚ is
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