Thursday 27 July 2017

ib0014 smu mba spring 2017 (jul/aug 2017 exam) IVth sem assignment

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PROGRAM Certificate in Export Import Management
SEMESTER IV
SUBJECT CODE & NAME
CERTIFICATE IN EXPORT IMPORT MANAGEMENT – IB SPECIALIZATION
CREDIT&MARKS 60

Q1.  What are the advantages and disadvantages of air freight as compared to sea freight?Describe Air Way Bill and its use. (Comparison of air and sea freight, Air Way Bill and its use) 10
Answer:ADVANTAGES AND DISADVANTAGES OF AIR FREIGHT: ADVANTAGES:

a) One time palletisation of the cargo at airport of origin so that cargo is not touched at the transshipment point.

b) There will be


Q2. Explain the steps involved in processing an export order. List out the various Commercial and Regulatory Export Documents


Answer: The important steps in processing of an export order at the pre-shipment stage are the following :
1.


Q.3 Explain the Following a. Triptyque procedure b. COFEPOSA Act c. HS Code d. Market Development Assistance


Answer: TRIPTYQUE PROCEDURE :
This is a facility for temporary importation of cars by tourists without payment of duty. Thisprocedure is also known as clearance on "Garnett de passage". The system allows


Q4. Explain Forward Rates and Cross Rates with respect to Foreign Exchange transactions? What is FEMA ?


Answer: The Foreign Exchange Transactions refers to the sale and purchase of foreign currencies. Simply, the foreign exchange transaction is an agreement of exchange of currencies of one country for another at an agreed exchange rate on a definite date.
A forward rate is a


Q5. You are a Coir 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. (Letter with all relevant details) 10
Answer:
Dear Sir,

Sub: Offering our products to export



Q6. What is containerisation? Describe the advantages and disadvantages of containerization. (Description of containerization, Advantages and disadvantages of containerization) 10
Answer: Containerisation: The container as the English meaning implies refers to its storage and carriage capacity, i.e. it is equipment used to store and carry goods. Hence in shipping, this is a service of

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