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DRIVE - fall 2016
PROGRAM - Master of
Business Administration- MBA
SEMESTER - Semester
3
SUBJECT CODE &
NAME - IB0013 Export- Import management
BK ID - B 1907
CREDIT & MARKS
- 4 CREDITS, 60 MARKS
Q1. What are the
key processes involved in starting export business? 10
Ans:
key processes involved in starting export business: This section deals with the key
processes involved in starting an export business.
Identifying opportunities: It outlines the two phases of
market research used to identify and assess potential export markets:
firstly, local research to decide whether it is worth pursuing and secondly,
overseas research in the export country.
Preparing strategy: There is a need for preparing a
systematic strategy of export business based on the market as done
earlier. The following eight steps provide guidelines to the company
business for formulating an
Q2. Explain in
detail procedure for the allotment of importer-exporter code number? 10
Ans;
Procedure for the allotment of importer-exporter code number: Application form in ANF 2A for
allotment of Importer-
Q3. What are the
format and contents of an international export contract? 10
Ans:
Format and Contents of an International
Export Contract: The
contracts are based on the contents rather than the format of a contract which
spells out the terms and conditions. In particular:
• specific terms and conditions
pertaining to the product/products that are subject matter of sale/purchase
•
general terms and
Q4. What are the
various Risk management service available in India? 10
Ans:
Risk Management Services Available in
India: Depending
upon the type and range of risk services required by the producers/ exporters,
a number of sources are available which include some multilateral and
bilateral risk providers as well as some local private insurance companies. Some
brief details are
Q5. Explain in
detail about Quality Assurance Certification procedure to be followed. 10
Ans:
Quality Assurance Certification: The exporter can attain quality
assurance through committing his/her enterprise to quality, not just in
terms of the final product but also regarding various aspects of
functioning of the business enterprise. Quality system can be defined as ‘organization
structure, responsibilities, procedures and processes, and resources for
implementing quality management’. By analysing this definition, it is proved
that the enterprise must unmistakably define the organizational structure to
ensure quality, the level at which the quality has to be checked, and the
related job positions involving their authority, hierarchical
relationship, procedures to be followed and the resources, both physical
Q6. Explain in
detail about export opportunities and capabilities for service sector. 10
Ans:
Export Opportunities and Capabilities
for Service Sector: As
per Central Statistics Office (CSO)’s classification, the services have been
divided into four broad categories, namely a) trade, hotels, and
restaurants; b) transport, storage, and communication; c) financing,
insurance, real estate, and business services; and d) community, social,
and personal services. General Agreement on Trade in Services (GATS)
covers a wide range of economic activities in the category of tradable
services. The WTO
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