Major american bank releases monetary payment

Assignment Help Operation Management

Reference no: EM132115552

1. A major American bank releases a monetary payment to an exporter only after it receives documents confirming that a shipment has been received. What type of payment method is this?

A. Compensation deal

B. Letter of credit

C. Open Account

D. Cash in advance

2. Which of the following is frequently included in international sales contracts to indicate how the cost of freight and insurance is shared by the buyer and seller as well as when the buyer takes title to the shipment?

A. An export declaration

B. Incoterms

C. A certificate of origin

D. A bill of lading

3. Imagine you work for a company that is ready to enter a foreign market. Your company is interested in as much control over the decisions, operations, and strategic resources in the foreign market as possible. Which internationalization strategy is your company most likely to use?

A. Global sourcing

B. Franchising

C. Wholly owned subsidiary (FDI)

D. Exporting

Reference no: EM132115552

Questions Cloud

Supervisor in another department really irritates keira : A supervisor in another department really irritates Keira. Keira has never shared this annoyance with anyone.

What is the fixed overhead volume variance : Jewel Company calculates its predetermined rates using practical volume, which is 300,000 units. What is the fixed overhead volume variance

Find at least one source of information related to topics : A proposal offers a detailed and full description of your project (as best you know it at the time of writing) in no more than 2 pages.

Examples from the organisation apple inc : It has been argued that learning can be embodied in organisational 'routines' such as rules and roles.

Major american bank releases monetary payment : A major American bank releases a monetary payment to an exporter only after it receives documents confirming that a shipment has been received.

What were your expectation of this film prior to watching it : What were your expectations of this film prior to watching it? Based on your previous knowledge of the director, actors, genre; what were you expecting?

How new communication technologies have had an impact : In a world of social networking, Instagrams, Twitter, Pinterest, instant messaging, and Facebook, technology can help spread the word.

What is the variable standard cost per unit for materials : The company records materials price variances at the time of purchase. What is the variable standard cost per unit for materials and labour

Create an infographic using an infographic maker : Create an infographic using an infographic maker, such as Piktochart, Venngage, or Canva, displaying an organization chart showing the following.

User Account

All Pages