Upload
vaibhavi-mohe
View
221
Download
0
Embed Size (px)
Citation preview
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 2/15
INTERNATIONALBUSINESS
IMPORTER
EXPORTER
MERCHANTS
FREIGHT
FORWARDERS
OVERSEASREPRESENTA
TIVESLOGISTICS
BANKS
BORROWERS
LENDERS
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 3/15
EXPORTER
0 He is a person or company or entity that is authorized
by Customs and Govt. authorities to export cargoes to
various countries.
0 This is also the party responsible for filing the export
declaration with the customs authorities.
0 Exporter need not necessarily be the actual seller of
the cargo or the entity actually concluding the deal.
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 4/15
Importance
0 Helps in generating jobs.
0 Increases the FOREX reserves of the nation.
0 Indirectly helps absolute comparative advantage.0 A firm can further create economies of scale which
should lead to lower cost and hence expansion of
profit
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 6/15
IMPORTER
0 Importers solely import goods for resale to other
companies in the distribution chain and take legal
possession of goods.
0 Importers/distributors take legal possession of goods
and pay exporters. They are usually obliged under the
terms of their agreement with exporters to carry
stocks and to provide after sales service where
necessary.
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 7/15
Importance
0 Enhance your domestic competitiveness
0 Increase sales and profits
0 Gain your global market share
0 Reduce dependence on existing markets
0 Exploit international trade technology
0 Extend sales potential of existing products
0 Stabilize seasonal market fluctuations
0 Enhance potential for expansion of your business0 Sell excess production capacity
0 Maintain cost competitiveness in your domestic market
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 8/15
MERCHANTS
0 One whose occupation is the wholesale purchase and
retail sale of goods for profit.
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 9/15
Importance
Making the world a “GLOBAL VILLAGE”
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 10/15
Freight Forwarders
A freight forwarder, forwarder, or forwarding agent ,
is a person or company that organizes shipments forindividuals or corporations to get goods from the
manufacturer or producer to a market, customer or
final point of distribution
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 11/15
OVERSEAS REPRESENATIVES
0 Corporates
0 Indian representative's
0 Government officials
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 12/15
Logistics
0 Logistics is the management of the flow of resources between
the point of origin and the point of consumption in order to
meet some requirements, for example, of customers or
corporations.
0 The resources managed in logistics can include physical items,
such as food, materials, equipment, liquids, and staff, as well as
abstract items, such as time, information, particles, and energy.
0 The logistics of physical items usually involves the integrationof information flow, material handling, production ,packaging
, inventory, transportation, warehousing, and often security.
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 13/15
BANKS
0 L/C
0 Pre and post shipment finance
0 Bills of exchange0 Guarantees
0 Policies
0 Credit rating
7/30/2019 Need of Various Entities
http://slidepdf.com/reader/full/need-of-various-entities 14/15
BORROWERS