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प्रश्न
Explain the various functions of Export Trading Houses.
उत्तर
The functions of export house are mentioned below:
- Identifying potential market for a product
- Finding buyers and their agent and eliciting their response for export proposal.
- Establishing product specification in the light of market needs, standards and regulation in accordance with suppliers capabilities.
- Determining appropriate mode of transportation and routing keeping in mind the cost, quality of service and security.
- Preparing the goods for delivery at destination.
- Determining buyer’s creditworthiness.
- Negotiating the transactions.
- Arranging proper insurance coverage against maritime risks and currency fluctuations.
- Financing the transactions and paying for goods and service received.
- Preparing document for international trade.
- Settling claim.
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संबंधित प्रश्न
Which one of the following is not amongst India's major export items?
Which one of the following is not amongst India's major import items?
State True or False.
Letter of Credit is required for obtaining export license.
Correct the underlined word and rewrite the following sentence:
Export trade refers to the purchase of good and services from foreign country
Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh is buying raw material from South Africa and after processing it sells finished goods to Malaysia.
Who is exporter?
Distinguish between the following:
Import trade and export trade.
The Exporters appoint the ______ agent to fulfill the customs formalities
Write any two export promotion institutions.
What is meaning of consular invoice?
What are the procedures relating to Export trade?
