EXPORT IMPORT MANAGEMENT

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Section A:

Part One:

Multiple Choices:

1. In case of goods being rejected or wrong shipments which section of customer act provides drawback facility on the customer’s duty?

a. Section 47

b. Section 88

c. Section 74

d. Section 40

2. Risks arising out of foreign law due to________________.

a. Lack of knowledge about foreign market

b. Expensive and complex litigation

c Both ‘a’ & ‘b’

d. None of the above

3. Import LC is also known as ______________________.

a. Letter of Debt

b. Bills of exchange

c. Open account

d. Letter of credit

4. How much digits are there in IEC number?

a. 8

b. 10

c. 12

d. 15

5. What is the full form of RFID?

a. Rural Fund Information Development

b. Request For International Development

c. Radio Frequency Identification System

d. Radio Frequency Internal System

6. The Export Inspection Council is a _____________________.

a. Support the export corporation

b. Responsible for the enforcement of QC

c. Administrative control of the ministry of Commerce & industry

d. Provides consultancy to export organization

7. The World Trade Organization was formed in_________________.

a. 1994

b. 1995

c. 1996

d. 1997

8. Government policies are related to__________________________.

a. Income tax

b. Sales tax

c. Both ‘a’ & ‘b’

d. None of the above

9. Clearing and forwarding agents are an important link between_______________.

a. The exporter and various other agencies

b. The importer and various other agencies

c. Import and export of goods

d. All of the above

10. Which Regional issues are important to commercial success?

a. Taxation matters

b. Importance of negotiations

c. Degree of market risk

d. All of the above

Part Two:

1. Define EDI procedure.

2. Differentiation between “Measurement Rules” and “Pallet Rules”.

3. Explain the Benefits of Electronic Procurement.

4. What is DGCI$S?

5. Define the role of intermediaries in Shipping Industry.

Section B: Case lets

Case let 1

“Large Package Meal” is a full-package meals service company, a large hotel by the Shanghai Li Yang couple of laid-off workers, was founded in 1994 and now has developed into a small Suxichang and Hangjiahu area famous food service businesses.“Popular Package Meal” service is divided into two categories: lunch and package delivery services. Lunch mainly by the meat dish, vegetables, Lu Cai, popular soup and fruit composition of normal. Available for customers to choose menu: six kinds of meat dish, vegetables, 10 species of Lu Cai 4, three kinds of soup and the general public three kinds of fruit can also be adorned with custom-made drinks. Despite little change in the menu, but the annual report on the point of view, the overall level of demand for this service fairly stable, the old customers will call to order a day usually. However, as facilities and equipment reasons, the “public packet meals” will ask the customers at 10 am before the telephone booking, in order to ensure that the day of delivery in place.

In the package of services, the company’s core competency is to provide enterprises buffet reception, large gatherings, as well as the average family feast and celebration dinner. Customers need a variety of food and services can be pre-booking, but because of the service highly seasonal, but also with a variety of community festivals and national holidays related to the demand fluctuated, with high season and low season, so ask the customer a few weeks or even a month ahead of schedule to come to book. Volkswagen meal package layout is similar to the company’s facilities in a processing plant. There are five work areas: thermal system for food work areas, cold dish work area, Lu Cai preparation area, soups and fruit preparation area, as well as a work area catering specifically for the installation of the sets of dishes lunch box and book Zhuangpen share. In addition, there are three small refrigerators for storing frozen foods, a large dry storage rooms for non-perishable materials. As the facilities and equipment limitations and the risk of food spoilage constrained plant mass the size of the company’s development package meals. While the drinks and fruit can be purchased, and some stores are willing to deliver door, but the overall package on the limits of human congregation offers flexible meal service. Li Yang couples employed 10 staff: two chefs and eight food preparation workers, part-time employment during the peak season other attendants.

Packet meals sector, competition is very intense, high-quality food products, reliable delivery, flexible service and low-cost carriers are all in this line of survival and development is fundamental. Recently, the public packet meals from the company has began to feel more and more discerning customers and several new packages meal providers of professional competition. Customers increasingly need to diversify the menu of services, flexible, and the response-time. Li Yang wife recently attended knowledge of modern logistics training courses, on the time of the operation and the concept of third-party logistics services, was impressed by careful consideration of these concepts is the public packet meals company to maintain its competitiveness need. But they are puzzled, popular package Meals Company’s ability to help third-party logistics services.

Questions:

1. The public package meal companies implement service-time availability of difficulties, Explain.

2. The introduction of third-party logistics services to the public packet meals would you put forward any firm recommendations?

Case let 2

UPS is a large international express delivery company, has hundreds of planes in addition to its own cargo planes, he also rented hundreds of aircraft cargo aircraft, the transport capacity of more than 1,000 a day. UPS in this world has established more than 10 air transport transit center in more than 200 countries and regions of the tens of thousands of delivery centers. UPS’s employees to reach hundreds of thousands. Annual turnover of the amount could reach tens of billions of dollars; express delivery companies in the world enjoy a high reputation.

UPS Company is engaged in correspondence, documents and parcel delivery business, the company quickly. It is the world’s countries and regions have made access to the air traffic rights. In the China, which established a number of delivery centers. A company to take advantage of high-tech means to achieve rapid and safe, is a wide range of logistics services, image perfect.

Questions:

1. Why do we say UPS is an international logistics business, and general transport logistics Company?

2. To describe the international express logistics enterprises in the development prospects.

Section C: Applied Theory

1. Discuss the role of Banks in an export-import transaction.

2. Describe briefly the steps involved in export business to succeed in the era of Globalization.