IB0014-Certificate in Export Import Management

FALL-2015
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Master of Business Administration - MBA Semester 4
IB0014-Certificate in Export Import Management
Assignment (60 Marks)
Note: Answers for 10 marks questions should be approximately of 400 words. Each question is
followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. What is containerization? Describe the advantages and disadvantages of containerization.
Answer. Containerization:
The container provides an effective and secure way of moving goods between nodes. It offers a
flexible solution for the transport of goods; it is effectively a box that is capable of being
transported using a variety of different modes of transport, such as sea, road and rail. Containers
may contain a full load of an organization’s goods (referred to as FCL or Full Container Load).
Where an organisation has a smaller volume to move it can be referred to as an LCL (Less than
Q2. List out the various export promotion schemes currently available to exporters. Explain
MDA in detail.
Answer. EXPORT PROMOTION SCHEMES
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Various export promotion schemes are listed under
Special Economic Zones (SEZ)
Advance licensing scheme
Duty Free Replenishment Certificate (DFRC) scheme
Duty drawback scheme
Q3. What are the advantages and disadvantages of air freight as compared to sea freight?
Describe Air Way Bill and its use.
Answer. Advantages:
Cost
To make the best decision, it helps to be educated about how carriers charge for international
shipping.
Q4. Explain the requirement of cushioning materials in export packaging. Describe the main
types of cushioning materials used and their application.
Answer. Cushioning Materials:
Cushioning is that part of packaging which protects the article from damage due to shock and
vibrations. During transportation a package may be subjected to vibration over a wide range of
frequencies and undergo jolts of varying forces and duration. A cushioning material selected for
the purpose may also.
Q5. You are a merchant 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.
Q6. List out the Principal Export Documents along with a brief description of each of them.
Answer. Export Documents:
Documents required for an international sale can vary significantly from transaction to
transaction, depending on the destination and the product being shipped. At a minimum, there
will be two documents: the invoice and the transport document. The buyer will usually provide
the seller with a list of documents needed to get the goods into his country as expeditiously and
FALL-2015
Get solved assignments at nominal price of Rs.125 each.
Visit www.instamojo.com/subjects4u search for your
code pay and download fully solved assignments.
Any issues mail us at: subjects4u@gmail.com or contact at
09882243490