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Chapter: 11th Commerce : Export and Import Procedures

Functions/Services of Export house

The functions of export house are mentioned below

Functions/Services of Export house

The functions of export house are mentioned below

1.        Identifying potential market for a product

2.        Finding buyers and their agent and eliciting their response for export proposal.

3.        Establishing product specification  in the light of market needs, standards and regulation in accordance with suppliers capabilities.

4.        Determining appropriate mode of transportation and routing keeping in mind the cost, quality of service and security

5.        Preparing the goods for delivery at destination

6.        Determining buyer’s creditworthiness

7.        Negotiating the transactions

8.        Arranging proper insurance coverage against maritime risks and currency fluctuations

9.        Financing the transactions and paying for goods and service received.

10.   Preparing document for international trade

11.   Settling claim.




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11th Commerce : Export and Import Procedures : Functions/Services of Export house |


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