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ECGC SCHEMES FOR COVERING EXCHANGE RISKS: The ECGC has evolved two schemes to provide greater protection to exporters of capital goods and turnkey project against the risk of fluctuations in foreign currencies. The first scheme is called 'the exchange fluctuation Risks (Bid) scheme' to give protection in respect of bids tendered in approved foreign currencies between the date of bid and the date of contract. If the contract is not won, the ECGC refunds 75 percent of the premium paid under this policy.
If the contract is won, the exporter will be required to obtain the 'Exchange Fluctuation Risk (Contact C) over' for eligible deferred receivables. In this situation, he will be allowed in terms of this scheme to have the rate of exchange prevailing as on the date of bid if it is more advantageous than the rate of exchange as on the date of the contract.
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what are the alternatives
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Question 1: (a) Define the term "Marketing Research". (b) Marketing Research is classified under Problem identification research and Problem-solving research. Differentiat
discuss perception of risk is critical to the customer whem making a puchase decision.
Question 1: "Marketing Research is a systematic and planned formal approach to the collection of marketing information." This implies that there is a formal marketing research
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