Complete
Assignment available for NMIMS
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You
can call us 87-55555-879
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1. You have exported a consignment to a company
Brussels International in London by air. The consignment consists of 78 boxes
of electronic spare parts. The export was made on FOB basis. Now the customer
informs a shortage of 7 packages and asks you to compensate the loss. As an
Export Manager what would be your course of action on this claim.
Answer: Exporting
a product or service is a profitable method. It helps in expanding the business
and cuts the reliance upon the local market. Further, it provides new management
practices, ideas, marketing techniques and means of competition that are not
available in the domestic
2. Your company has imported 10 x 20’containers by sea
consisting of umbrellas to sell the same to a trader. However due to a problem
in payment terms, your customer has refused to take the consignment. You do not
have space to store 10 containers load and also your company is not in a
position to pay customs duty for the entire consignment. What would be your
advice to the company to handle this tricky situation?
Answer: Imports
form a vital component in the growth of a country be it a developed or
developing country. For developed countries, import of technology, raw
materials and capital goods is required for sustaining the optimum level of
production. This assists the developed countries to meet the demand
requirements of their consumers to sustain a high standard of living. On the
3. You have imported on consignment of 5 x
40’containers consisting of consumer items by sea on CIF basis. Your customer
has delayed in sending the documents to you. As a result you have incurred
detention charges for the containers. The shipping line asks you to pay the
detention charges to get the delivery order. While handling this please explain
a. Who will have to bear the detention charges in this
case?
b. How will you take it up with the exporter who has
delayed the documents?
Answer: a) While
some of port charges may be unavoidable, demurrage and detention charges on the
other hand are totally avoidable charges, but in a lot of cases due to
mishandling, misunderstandings and not following the proper protocols, these
charges occur. When they do occur these
Complete
Assignment available for NMIMS
in
rs 250 per assignment only
You
can call us 87-55555-879
Within
1 hour will revert you by mail
Sample only
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