Friday 17 March 2017

ib0014 smu mba winter 2016 (april/may 2017 exam) IVth sem assignment

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PROGRAM
CERTIFICATE IN EXPORT IMPORT MANAGEMENT
SEMESTER
FOURTH
SUBJECT CODE & NAME
CERTIFICATE IN EXPORT IMPORT MANAGEMENT IB SPECIALIZATION
Qus:1 List out the various export promotion schemes currently available to exporters. Explain MDA in detail.
Answer: The following are special focus initiatives offered by government for agricuture exports in the Policy 2009-2014:
1. Agriculture and village industry
2. Vishesh Krishi and Gram Udyog Yojana
3. Captial goods

Qus:2 Explain the functions of cushioning materials in packaging. Explain the packaging of the following items for export: a. Shrimps b. Spices c. Tea
Answer: Shock protection requirements are the first consideration in selecting cushioning materials. Sufficient cushioning materials should be used to dissipate the shock which may be transmitted through the blocking of the product. Protection against impact or vibration d a m a g e s requires that the fragile article be surrounded by a predetermined thickness of cushioning

Qus:3 What are Incoterms? Explain three Major Incoterms.
Answer: Incoterms--which is an abbreviation for International Commercial terms--are a series of sales terms.
They are published by the International Chamber of Commerce (ICC) and are widely used in commercial transactions. In addition to providing a set of rules for the interpretation of commonly used trade



Qus:4 What is EXIM BANK of INDIA? What are the services offered by EXIM BANK of India?
Answer: Export–Import Bank of India is the premier export finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment. Commencing operations as a purveyor of export credit, like other export credit agencies in the world, Exim Bank India has, over the period, evolved into an institution that plays a major


Qus:5 What is Bill of Lading? Discuss the different types of Bill of lading.
Answer: A bill of lading (sometimes abbreviated as B/L or BoL) is a document issued by a carrier (or his agent) to acknowledge receipt of cargo for shipment. In British English the term relates to ship transport only, and in American English to any type of transportation of goods.[citation


Qus:6 You are an Engineering tool products exporter. A prospective overseas client has shown interest in your products. Write a letter making a firm offer mentioning all relevant facts regarding product features, payment terms, transport details, insurance, delivery schedules, packaging etc.,? Assume all relevant details about the product and the client.
Answer:

LETTER
1st December 2016

Mr. ABC
XYZ Shop
USA

                        Dear Sir,
                         
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