SMU MBA FALL 2015 -2016

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IB0013 EXPORT IMPORT MANAGEMENT SMU MBA FALL 2015 IIIRD SEM
ASSIGNMENT

DRIVE: Fall 2015

PROGRAM: MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDIB (SEM 1))
SUBJECT CODE & NAME: IB0013 EXPORT IMPORT MANAGEMENT
BK ID: B 1907
CREDIT & MARKS: 4 CREDITS, 60 MARKS
Q.1: What do you mean by export? How many types of exports are there? Discuss.
Meaning (5 marks)
Types (5 marks)
Ans:
Meaning:

Traditionally, export is the process by which goods, services or knowledge are traded across
national and international boundaries. Exporting is merely trading with the only difference
that the customer lives in

Q.2: What are the major terms and conditions of an export order?
Export order (10 marks)
Ans:
Export order:
The terms and conditions of an export order would vary from order to order depending on
the nature of product, parties involved and so on. The following are the standard clauses of
an export order:

Product and its description

Product specifications as regards its quality

Price:

Q.3: Discuss the role played by Export Promotion Councils and Commodity boards in
supporting Indian exporters. Give examples.
Role of EPC and commodity boards (7 marks)
Examples (3 marks)
Ans:
In India there are seven Boards that have mandate for export promotion and two have
mandate for domestic support. These Boards are for the following commodities:
Handicrafts, Silk, Coffee

Q.4: Write short notes on:

(a) Transport risk (5 marks)

(b) Credit risk (5 marks)
Meaning and effect of transport risk
Meaning and effect of credit risk
Ans:
Meaning and effect of transport risk:
This risk occurs where the goods are stolen, pilfered or damaged while in transit.
Commercial marine insurance policies will insure the goods against transport risks. These
protect the

Q.5: What is the significance of bill of lading for exporter and importer? Explain any 2
types.
Bill of lading (5 marks)
2 types of B/L (5 marks)
Ans:
Bill of lading:
For Exporter
1. It is an acknowledgment from the shipping company that the goods have been received
for the purpose of shipment.
2. After receipt of B/L, it helps him to send the shipping advice to the importer.
3. If any damage occurs to the cargo during transit, he can hold the shipping company
responsible,

Q.6: What are the different types of custom duties levied on imported goods?
Explain the types of custom duties (10 marks)

Ans:
Explain the types of custom duties
Basic custom duty: Duty which is imposed on the value of goods at a specific rate is known
as basic custom duty. It is fixed at a specified rate on ad-valorem basis. Ad Valorem duties
are based on value and expressed as a percentage of the total value (assessable value = cost
+ insurance + freight + 1% landing charges). In case of import from some other countries,
the rate specified is

SMU MBA FALL 2015 -2016

Dear Students,

SMU MBA FALL 2015-2016 Assignments are available. For Booking ,Kindly
mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your
Email ID us in the following Format On +91 9995105420 we will reach
back you with in 24H