Explain the purpose of a letter of credit

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Name the four main players in export and import transactions.Explain the purpose of a letter of credit.
What role do intermediaries play in export and import transactions?
What is the difference between the export declaration and the commercial or customs invoice? How are they related?
What are the advantages of the new SHRM approach?
Name three elements of HRM.
What must HRM do to be a true strategic partner of the company?
What benefits does a diverse workforce provide the company?
If you were an HR manager, what steps would you take to minimize the outsourcing of jobs in your department?
How does culture impact business?
What are three steps to keep in mind if you are evaluating a business opportunity in a culture or country that is new to you?
If you are working for a small or entrepreneurial company, what are some of the challenges you may face when trying to do business in a new country? What are some advantages?

Reference no: EM133020570

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