Course Outcome (COs):
Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
On completion of this course, the students will be able to: CO 196: To impart the knowledge of the various documents involved in export as well as import business CO 197: To familiarize students with the export import procedure and documentation. CO 198: To apprise them of the documentation procedures and its sanctity in International Business. CO 199: To form a base of policy framework in International Business. CO 200: To 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 |
Aligned Documentation System, (ADS), Importance and use of commercial invoices, bill of exchange, bill of lading, letter of credit, and certificate of origin, mate’s receipt, bill of entry, certificate of inspection, GR form, shipping bill, consular invoice.
Preliminaries, confirmation of order, production and clearance of products for exports, shipment, negotiation of documents and realization of export proceeds, obtaining export incentives.
Determining market demand and purchase motivation, locating and negotiating with the sources of supply, securing physical distribution, arrangement for payments, delivery of goods.
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.
Introduction, Central excise formalities, customs clearance of export & import cargo- objectives, legal framework, stages, procedure.
• Khushpat S. Jain, “Export Import Procedures & Documentation”, Himalaya Publishing House, Mumbai.
• Choudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”, Himalya Publishing house, New Delhi.
• Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, New Delhi
SUGGESTED READINGS:
E-RESOURCES:
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