To provide candidates with the fundamental skills in research design and analysis necessary for making sound marketing decisions.
Course Outcome(COs):
Course |
Learning Outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Paper Code |
Paper Title |
|||
IBG 517 |
Export Import Procedure & Documentation |
CO 79To impart the knowledge of the various documents involved in export as well as import business CO 80To familiarize students with the export import procedure and documentation. CO 81To apprise them of the documentation procedures and its sanctity in International Business. CO 82To form a base of policy framework in International Business. CO 83To familiarize students with the process of shipment and negotiation orders. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments.
Learning activities for the students: Self-learning assignments, Effective questions, |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Export Import Documents- Aligned Documentation System, (ADS), Importance and use of commercial invoices, bill of exchange, bill of lading, letter of credit, certificate of origin, mate’s receipt, bill of entry, certificate of origin, certificate of inspection, GR form, shipping bill, consular invoice.
Export procedure:
Preliminaries, confirmation of order, production and clearance of products for exports, shipment, negotiation of documents and realization of export proceeds, obtaining export incentives.
Import procedure:
Determining market demand and purchase motivation, locating and negotiating with the sources of supply, securing physical distribution, arrangement for payments, delivery of goods.
Pre-Shipment inspection and Quality control: concept &forms of pre shipment inspection.
Clearing & Forwarding agent: Functions & their role in export import.
Cargo insurance: needs, kinds of perils, types of losses, types of policies, insurance claims.
Shipment of cargo: Introduction, Central excise formalities, customs clearance of export & import cargo- objectives, legal framework, stages, procedure.