What is the role of a freight forwarder when assisting a client with an international payment transaction? a.To provide information on credit b.To identify and explain the payment risks c.To negotiate sales contracts d. To negotiate international payments
Answers
The role of a freight forwarder when assisting a client with an international payment transaction can be elaborated by the following explanation:
A freight forwarder, sometimes referred to as a forwarding agent, is a company or individual that manages and arranges the delivery of goods from the manufacturer to the final point of distribution. Freight forwarders are involved in the transportation of goods through multiple carriers, including air, sea, and land, and have the necessary expertise and resources to manage and handle the movement of goods across borders.Because freight forwarders handle a considerable volume of international trade shipments, they are well-versed in the nuances of international trade. In this regard, they play a critical role in assisting their clients with international payment transactions. Some of the roles of a freight forwarder when assisting a client with an international payment transaction include:
The provision of information on credit: Freight forwarders assist their clients in navigating the credit process by providing them with the information they need to make informed decisions on the best payment options. Freight forwarders are familiar with various modes of payment, including letters of credit (LCs), and can assist clients in negotiating favorable payment terms. Freight forwarders also provide their clients with advice on the creditworthiness of potential business partners.Identifying and explaining payment risks:
Freight forwarders are well-versed in the risks associated with international trade, such as currency fluctuations, interest rate risk, credit risk, and political risks. They can assist their clients in understanding the implications of these risks and in taking the necessary steps to manage and mitigate them.Negotiating sales contracts: Freight forwarders often act as intermediaries between buyers and sellers and can assist their clients in negotiating favorable sales contracts. They can advise their clients on the terms and conditions of the contract, such as the delivery terms, payment terms, and liability provisions.Negotiating international payments:
Freight forwarders can assist their clients in negotiating international payments by providing them with information on various payment options, such as LCs, open account, and documentary collections. Freight forwarders can also assist their clients in preparing the necessary documentation required for international payments, such as invoices, bills of lading, and export declarations.In summary, freight forwarders play a critical role in assisting their clients with international payment transactions by providing information on credit, identifying and explaining payment risks, negotiating sales contracts, and negotiating international payments.
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Related Questions
what are the main duties and responsibilities of a Hotel manager
Answers
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
what are the factors pricing up a product? Please mark me the brainiest. Thank you
Answers
Answer:
1) Product has more demand.
2) Competition.
3) Buying pattern of the consumer.
4) Economic Enviroment
5) The Governments Policy
Explanation:
Some main factors of pricing up a product.
People who experience FOMO (Fear of Missing Out) may...
A) Go into debt to keep up with everyone else
B) Donate money to a cause they care about
C) Create and stick to a monthly budget
D)Save a percentage of their paycheck each month
Answers
is mary kay a global brand? why or why not?
Answers
Yes, Mary Kay is considered a global brand. Mary Kay is a cosmetics and beauty company that operates in numerous countries around the world.
It has a significant presence and market share in various international markets. The company has expanded its operations beyond its home market (the United States) and has established a global distribution network.
Mary Kay's global presence is evident through its international subsidiaries, consultants, and customers in different countries. The company has successfully adapted its products, marketing strategies, and business model to cater to diverse cultural preferences and market demands.
Furthermore, Mary Kay's global expansion efforts are supported by localized marketing campaigns, multilingual customer support, and region-specific product offerings. The brand has also gained recognition and acceptance in multiple countries, reflecting its global reach and influence.
In summary, Mary Kay's widespread presence, international operations, and adaptation to diverse markets make it a global brand in the cosmetics and beauty industry.
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when customers face significant _________the demand for the existing product becomes more inelastic
a. switching costs
b. network costs
c. bandwagon costs
d. marginal costs
e. staying costs
Answers
When customers face significant (a) switching costs, the demand for the existing product becomes more inelastic and they are less likely to switch to a different product.
This makes the demand for the existing product more inelastic, as customers are willing to pay a higher price to avoid the costs associated with switching to a different product.
This is particularly true for products or services that are essential or have few substitutes, such as healthcare or utilities. In contrast, when switching costs are low, the demand for a product becomes more elastic, as customers are more likely to switch to a different product if the price increases or quality decreases.
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which variables are including in the expenditure approach and which are included in the income approach
Answers
The variables included in the expenditure approach are consumption expenditures, investment expenditures, government expenditures, and net exports.
The income approach includes employee compensation, rent, interest, and profits. What is the expenditure approach? An approach to calculating gross domestic product (GDP) is the expenditure approach. This approach looks at how much money was spent to buy goods and services in the economy during a certain period. GDP is measured using the expenditure approach, which is calculated by adding up consumption, investment, government spending, and net exports.
Consumption expenditures are the expenditures made by households on goods and services, which includes both durable and non-durable goods. Investment expenditures refer to the amount of money firms spend to buy new plants, equipment, and other assets. It also includes the purchases of existing assets by businesses. Government expenditures include spending on public goods and services, such as defense and infrastructure.
Net exports refer to the difference between the value of exports and imports. When exports exceed imports, there is a surplus, while when imports exceed exports, there is a deficit. What is the income approach? The income approach is another method for measuring GDP. The income approach adds up all the income received by individuals in the economy. This approach looks at the sum of all income received by households, businesses, and the government within a given year. The income approach includes employee compensation, rent, interest, and profits.
In summary, the expenditure approach measures GDP by adding up all of the expenditures made on goods and services, while the income approach measures GDP by adding up all of the incomes earned by households, businesses, and the government.
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1. how many members participate in h&m’s loyalty program worldwide?
Answers
Answer:
H&M now has over 100 million members.
Explanation:
hope it can help
In testing inventory at an audit client in the retail industry, you note that some of the inventory is contracted to be held on consignment. As a result, which financial statement assertion is now relevant ?
a. Rights and obligations.
b. Completeness.
c. Existence or occurrence.
d. Valuation or allocation.
Answers
When inventory is tested with audit customers in the retail industry, we find that some of the inventory is contractually consigned. This means that a) rights and obligations settlement enforcement is now relevant as well.
Rights and obligations are the basic statements used in the preparation of financial statements to show that an organization has ownership over its stated assets and is obligated to pay its stated liabilities. For example, you can demand the right to have children or the right to make decisions about your children's education. An attendant duty is to properly educate them as good citizens, introduce them to the culture of their society, and teach them right and wrong. A right is what you want others to do to you, and a duty is what you ought to do for others.
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What is one advantage of taking a course online instead of onsite?
A.
It is easier to access the printed course materials.
B.
You can usually do the coursework when it’s convenient.
C.
The quality of teaching is typically a little better.
D.
You can communicate with your teacher more effectively.
Answers
B. The coursework can usually be completed at a time that works for convenient - is one of the benefits of taking a course online rather than in person.
What are the benefits of taking courses online?There are advantages and disadvantages to learning online and in a virtual classroom, just as there are to learning in person on a physical campus. You'll find that one of the many advantages of online education is that it gives you more flexibility in your schedule, can lower the cost of your degree, and can make it easier to advance your career while you study.
Online education has many advantages, but there are also disadvantages to consider. In its own way, staying focused and being self-motivated can be difficult; which is one reason why not everyone is a good candidate for online education. You can get a better idea of whether online learning might be right for you and your career and education goals by learning more about its benefits and drawbacks.
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Differentiate among the following.
a. full warranty:
b. limited warranty:
c. implied warranty:
Answers
After listening to these podcasts, use your discussion post to discuss your feelings on antitrust policy. Should the government be more strictly enforcin these standards? Or should they maintain a more laissez-faire policy? You must reference specific details from all 3 podcasts for full credit. You need to convince me that you listened to and understood them all! In the last part of your discussion post, please discuss whether the COVID recession will leac to more corporate power in the U. S. Economy. After reading the following article, are your recommendations on antitrust policy still the same?
Answers
After listening to the three podcasts, my feelings on antitrust policy have become more nuanced. In the first podcast, it was emphasized that antitrust policy is crucial to prevent market concentration, which can stifle competition, innovation, and consumer welfare. This supports the argument for stricter enforcement of these standards.
However, the second podcast highlighted the importance of a balance between regulation and laissez-faire policies. Over-regulation could hinder growth and efficiency, while a completely laissez-faire approach might lead to unregulated monopolies. Therefore, a measured approach should be taken when enforcing antitrust policies. In the third podcast, the challenges of regulating modern technology companies were discussed. As these companies often operate in multiple markets and possess unique business models, traditional antitrust policy may not be sufficient. This suggests that antitrust policy should evolve to address the complexities of today's economy.
Regarding the COVID recession, it is likely to lead to more corporate power in the U.S. economy, as smaller businesses may struggle to survive, paving the way for larger corporations to dominate. This further emphasizes the need for well-crafted antitrust policies. After reading the article, my recommendations on antitrust policy remain largely the same. The government should enforce antitrust policies effectively to prevent market concentration, while maintaining a balance between regulation and laissez-faire approaches. Additionally, antitrust policies should be adapted to address the unique challenges posed by modern technology companies and the post-COVID economy.
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How are logical operators used?
To identify and correct errors
O To make decisions
O To determine a problem
O To create a plan
Answers
Answer:
To identify and correct errors
Explanation:
1. According to the table, what has the investor done with money earned through interest?
2. From looking at the table, explain the concept of compound interest.
3. According to the table, if the interest rate on this account were 10 percent, how much money would you have in the account at the end of the first year?
4. According to the table, if you added $50 to this account every year, what effect would it have on the interest rate that you earned?
5. According to the table, the investment has doubled in worth by the start of which year?
Answers
Answer:
1. According to the table, the customer leaves the money earned through interest to be added to the principal, to serve as the new principal on which an interest is calculated for the next period or year
2. Compound interest is the interest calculated based on a principal that is the addition of the previous interest to the previous beginning principal. The compound interest can also be called the interest on interest or the interest due to reinvestment of the interest added to the initial amount of each period
3. If the interest rate was 10% rather than 5%, then, with a principal of $100.00 the interest will be $100 × 10/100 = $10, and the total in the account will be $100.00 + $10.00 = $110.00
4. If $50 is added to the account every year, it will increase the interest, but the interest rate will stay the same
5. The investment has more than doubled in worth from $100.00 to $207.90 at the start of the 15th year
Explanation:
Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answers
Answer:
Option B !!!!! :))
Explanation:
eduardo sold 500 shares of northcutt corporation stock on the new york stock exchange. this transaction: multiple choice took place in the primary market. occurred in a dealer market. occurred in the secondary market. involved a proxy. was a private placement.
Answers
500 shares of Northcutt Corporation stock were sold by Eduardo on the New York Stock Exchange. this business deal: Occurred in the secondary market.
What happens in the secondary market?
The secondary market is a financial market where investors can buy and sell securities that have already been issued in the primary market. It is also referred to as the aftermarket. In the secondary market, investors trade securities among themselves, with the price determined by market forces. Investors can buy and sell stocks, bonds, mutual funds, commodities, derivatives, options, and other financial instruments. The secondary market is different from the primary market, which is where the original issuer of the security offers it to the public. In the primary market, the issuer sets the price, while in the secondary market, the price is determined by supply and demand.
The secondary market is important because it provides liquidity for investors, allowing them to buy and sell securities quickly and easily. It also helps to ensure that prices accurately reflect the true value of the security.
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clean chemical corp. recently moved its operations from houston, texas, to somalia. the decision to move was the result of new federal regulations regarding clean air standards in the united states. a critic of globalization would say this example demonstrates what concern?
Answers
In this example, Clean Chemical Corp. has chosen to move its operations to Somalia in order to avoid complying with US federal regulations regarding clean air standards. This is an example of corporate globalism
A critic of globalization would be concerned that companies are making decisions to move operations overseas in order to avoid regulations and laws in their home country. In this example, Clean Chemical Corp. has chosen to move its operations to Somalia in order to avoid complying with US federal regulations regarding clean air standards.
This is an example of corporate globalism, which is often criticized because it allows companies to ignore or avoid regulations and laws in their home country.
It also results in decreased standards of living and job opportunities for people in the home country, as well as potential environmental and social issues in the country that the company is moving to.
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All of the following accurately describe Jefferson's purchase of the Louisiana Territory from France EXCEPT: A. It opened the Mississippi River permanently to western farmers.B. It ended the threat of American Indian raids on western settlements.C. It was made possible by the failure of Napoleon's forces to suppress a salve revolt in Haiti.D. It showed Jefferson's considerable flexibility in dealing with foreign policy.E. It violated Jefferson's own view concerning strict construction of the Constitution.
Answers
All of the following accurately describe Jefferson's purchase of the "Louisiana-Territory" from France EXCEPT (b) It ended threat of American Indian raids on western settlements.
The purchase of the Louisiana Territory from France by Jefferson did not directly end the threat of American Indian raids on western settlements.
The acquisition of the vast western lands in the Louisiana Territory led to increased conflicts between American settlers and Native American tribes as more settlers moved westward into the newly acquired territory.
The expansion of American settlements into Native-American lands often led to tensions, conflicts, and raids on western settlements by Native American tribes.
Therefore, the correct option is (b).
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The given question is incomplete, the complete question is
All of the following accurately describe Jefferson's purchase of the Louisiana Territory from France EXCEPT:
(a) It opened the Mississippi River permanently to western farmers.
(b) It ended the threat of American Indian raids on western settlements.
(c) It was made possible by the failure of Napoleon's forces to suppress a salve revolt in Haiti.
(d) It showed Jefferson's considerable flexibility in dealing with foreign policy.
(e) It violated Jefferson's own view concerning strict construction of the Constitution.
What are two characteristics of open-ended questions? multiple select question. good for idea generation about product benefits and advertising includes predetermined response options most common for collecting personal information captures the "voice" of the respondent
Answers
Good for idea generation about product benefits are two characteristics of open-ended questions. You must therefore look for workable product solutions that can be implemented.
In order for corporations to tackle their challenges, this is a crucial step. You must conduct a SWOT analysis and market study. Idea generation implemented a persistent, rigorous search for fresh, promising chances for product development. In order to product hundreds or even thousands of possible product ideas, businesses frequently use basic internal and external SWOT (strengths, weaknesses, opportunities, and threats) analysis and market trends. Don't go looking for something. First, identify the issue. Find (or create) the ideal product to solve it next.
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If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. This is known as ___________________
Answers
Answer:
A shortage
Explanation:
If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. This is known as market shortage.
What is market shortage?This is a state that occurs in an economy where the quantity that is demanded of a good is more than the quantity that is supplied.
When this issue exists, customers are unsatisfied because they cannot buy the quantity of goods that they want.
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PMBOK Knowledge area of Quality Management has 2 process, please explain in your own words at least two
Answers
One of the processes in the PMBOK (Project Management Body of Knowledge) knowledge area of Quality Management is "Plan Quality Management."
In this process, the project team identifies the quality objectives and determines the necessary actions and resources to achieve them. It involves developing a quality management plan that outlines the quality standards, metrics, and processes to be used throughout the project.
Another process is "Perform Quality Assurance." This process focuses on executing the quality management plan and ensuring that the project activities comply with the defined quality standards. It involves evaluating project performance and deliverables, conducting audits, and implementing necessary improvements to enhance the overall quality of the project.
In summary, the "Plan Quality Management" process establishes the framework for quality management, while the "Perform Quality Assurance" process monitors and verifies adherence to the established quality standards and implements corrective actions when necessary.
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How do you think the capital is affected due to COVID-19, what
are the steps organizations need to take to mitigate the
organizational and strategical risks?
Answers
The capital, particularly the financial market, has been greatly affected by the COVID-19 pandemic. The global economy has experienced a significant downturn, with businesses shutting down, unemployment rates rising, and consumer spending decreasing.
This has led to decreased revenue and profits for many companies, particularly those in the travel, hospitality, and retail industries. In terms of organizational and strategic risks, companies have had to quickly adapt to remote work and changing customer needs, which can be a challenge for some organizations.
Additionally, supply chain disruptions and decreased consumer demand have led to inventory issues and cash flow problems for some companies. In order to mitigate these risks, companies have had to implement new strategies, such as cost-cutting measures and diversifying their revenue streams.
However, there is still uncertainty around how long the pandemic will last and what the long-term effects will be, which makes it difficult for organizations to plan for the future.
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Here are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Answers
Answer:
The topics like what is ethics?, emerging of ethical values and why they are important in making a better society than before.
Explanation:
The reason is that not all the employees are well educated and professionals but ethics can be learned easily because it depends upon the judgement and doing good for others and yourself.
So the best thing is that you must start course with the introduction of ethics and then how ethical values emerged in the history and why are important for the society. This let them understand that acting ethical is very important because it provides safety to all of the individuals and creates better environment that we all desire.
State the type of skewness for a frequency distribution whose three quartiles are 21, 18 and 20.
Answers
Answer:
Left skew
Explanation:
Given the quartiles of a distribution :
21, 18 and 20
Lower quartile, Q1 = 18
Median, Q2 = 20
Upper quartile, Q3 = 21
Representing the quartiles of the distribution as box plot, we can see that the median, Q2 is much closer to the third quartile, Q3, Than it is to the first quartile, Q1. Hence, we have a left skew or a negatively skewed distribution.
which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answers
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
General Mills began losing market share for Go-gurt when its biggest competitor began to focus on kids' yogurt. Which step of the market research process does this statement best correlate with?
a. Analayzing data
b. Data collection
c. Choosing the data collection method
d. Analyze and interpret the data
Answers
Answer:
b. Data collection
Explanation:
General Mills is only at the first stages of the market research process, which include: diagnosis of the problem, definition of the problem, and data collection.
General Mills has found that it's lost market share to its biggest competitor because the competitor decided to focus on a particular type of yogurt. This is Data collection.
Which of the following represents the order and flow of manufacturing costs through the inventory accounts
Answers
The standard costs demonstrate the typical sequence and progression of production costs through the inventory accounts.
What are standard costs?The standard costing system's inventory and cost of products sold accounts will typically include the standard expenses for manufacturing activities. However, there may be some variations as the company may have to pay its suppliers and manufacturing staff based on actual costs incurred. These cost variations are recorded in separate variance accounts and reflect the differences between the standard costs and the actual manufacturing costs.
A positive balance in a variance account indicates that the business deviates from the profit plan. Even though standard costs might be a useful management tool, the manufacturer's external financial statements must still adhere to the cost principle and the matching principle.
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The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?
Answers
Answer:
$6,825.00
Explanation:
50x$130=$6,500.00
$6,500 × 5% = $325.00
$325.+$6,500=6,825.00
4. You are about to graduate from the MBA program of a leading university. You specialized in management information systems (MIS) and will start a job with a company that commercially develops Web pages. You own a personal computer that is a couple of years old. You have decided to sell it and buy new equipment later after you see what kind of projects your employer has you working on. So you post a flyer on campus bulletin boards about the computer for sale. You have decided not to tell prospective buyers that you hand drive acts as its about to fail and that the computer occasionally crashes without warning. Is this ethical? Would you be likely to do this if you were this particular student?
Answers
Answer:
No, this is not ethical.
Explanation:
Ethics is moral principle which governs a person. A person is ethical if he considers benefit for others and his acts or thoughts does not harm anyone. In the given scenario the person is trying to sell his old computer which has many issues. These are not listed in the flyer. If the person does not want to list the issues then he must tell to specific buyer when he comes to buy the computer. He must tell all the faults and problems to the potential buyer.
Look for one example for each of the 6 types of commercials. Put the links of all 6 with their type or commercial name.
Answers
Answer:
6 Categories of Commercials for Your Business Videos
Topical Video. This type of video highlights your product and motivates consumers to look, read, listen, or call.
Image Video. Image videos are designed to build confidence in your brand. …
Comparison Video. …
Customer Testimonials. …
Get on the Bandwagon Videos. …
Proof of Performance Videos.
Explanation:
Sid is deciding how many football games he wants to attend this year. His marginal benefit from increasing the number of games that he attends from 2 to 3 is:
Answers
Sid's marginal benefit from increasing the number of games that he attends from 2 to 3 is 30.
Sid's marginal benefit from attending an additional game is the additional benefit he receives from attending that game compared to attending one less game. In this case, we can see from the table that Sid's total benefit increases as he attends more games, but the marginal benefit starts to decrease after he attends 3 games.
To determine Sid's marginal benefit from increasing the number of football games he attends from 2 to 3, we need to find the difference in total benefit between attending 3 games and attending 2 games. From the given data:
Total Benefit at 2 games: 90
Total Benefit at 3 games: 120
Subtract the Total Benefit at 2 games from the Total Benefit at 3 games.
120 - 90 = 30
So, Sid's marginal benefit from increasing the number of games he attends from 2 to 3 is 30.
Note: The question is incomplete. The complete question probably is: Sid is deciding how many football games he wants to attend this year. His marginal benefit from increasing the number of games that he attends from 2 to 3 is:
Number of Games 0 1 2 3 4 5 6 7 8
Total Benefit 0 50 90 120 140 152 160 164 162
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