What steps are involved in international transaction

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What steps are involved in an international transaction that involves factoring. Give an example.

How can electronic transactions be used to replace the cumbersome features of letters of credit.

Essentially, a contract is a vehicle to serve and facilitate the collaboration between parties involved. The contract can be aimed at: (1) meeting the project objectives, and (2) meeting the business objectives and strategic goals of the final customer. A collaborative attitude towards contract management requires careful orchestration of four dimensions of the interaction between buyer and supplier.

Identify one of the four dimensions of interaction and provide an example/definition.

Is anyone more important than the other?

Reference no: EM132292126

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