Archive:Payment Methods for International Transactions/Activities - Revision history

wikademia>Wikademia: moved Payment Methods for International Transactions/Activities to Archive:Payment Methods for International Transactions/Activities

2009-05-27T16:58:32Z

moved Payment Methods for International Transactions/Activities to Archive:Payment Methods for International Transactions/Activities

← Older revision	Revision as of 16:58, 27 May 2009
(No difference)

wikademia>Wikademia: Text replace - 'TF3.4' to 'ntnes'

2009-04-10T17:23:47Z

Text replace - 'TF3.4' to 'ntnes'

← Older revision		Revision as of 17:23, 10 April 2009
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	{{~~TF3.4~~}}		{{ntnes}}
	==Activity==		==Activity==
	Divide the class in half (exporter and importer). Present each side with the following scenario:		Divide the class in half (exporter and importer). Present each side with the following scenario:

wikademia>Wikademia: Text replace - 'Category:International Business' to 'Category:International business'

2009-04-09T05:17:26Z

Text replace - 'Category:International Business' to 'Category:International business'

← Older revision		Revision as of 05:17, 9 April 2009
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	<div style="float:right;">[[Payment Methods for International Transactions/Resources\|Prev]] \| [[Payment Methods for International Transactions/Assessment\|Next]]		<div style="float:right;">[[Payment Methods for International Transactions/Resources\|Prev]] \| [[Payment Methods for International Transactions/Assessment\|Next]]
	[[Category:International ~~Business~~]]		[[Category:International business]]

wikademia>Wikademia: 2 revisions

2009-04-08T04:18:27Z

2 revisions

← Older revision	Revision as of 04:18, 8 April 2009
(No difference)

24.11.195.94 at 13:06, 28 September 2007

2007-09-28T13:06:32Z

← Older revision		Revision as of 13:06, 28 September 2007
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	:5. the exporter has never sold products overseas.		:5. the exporter has never sold products overseas.

			<div style="float:right;">[[Payment Methods for International Transactions/Resources\|Prev]] \| [[Payment Methods for International Transactions/Assessment\|Next]]
	[[Category:International Business]]		[[Category:International Business]]

wikademia>MSUglobal: New page: {{TF3.4}} ==Activity== Divide the class in half (exporter and importer). Present each side with the following scenario: '''Importers''' *You are a new company (in business two years) and ...

2007-09-25T19:19:28Z

New page: {{TF3.4}} ==Activity== Divide the class in half (exporter and importer). Present each side with the following scenario: '''Importers''' *You are a new company (in business two years) and ...

New page

{{TF3.4}}
==Activity==
Divide the class in half (exporter and importer). Present each side with the following scenario:

'''Importers'''
*You are a new company (in business two years) and you are interested in placing a fairly large order with your foreign supplier.
*Your goal is to purchase the products and resell them to your customers.
*You need the product to be shipped within two weeks, and it will take six weeks for you to receive the product once it ships.
*Once you receive the product, you will repack it and ship it to your customer within one week. You have agreed to receive payment from your customer 60 days after you ship.
*In order to fund this scenario, you have requested open account payment terms from your vendor at Net 120 Days on Invoice and will pay in their currency.

'''Exporters'''
*You are a well-established company that has been selling your products overseas for 15 years, although you have never sold to a customer in this new market.
*You currently hold inventory of the product this customer wants to purchase, so you do not need to manufacture additional products.
*You never extend open payment terms to new customers; however, this customer is also talking to your biggest competitor and may place the order there if you do not comply.

'''Task'''<br>
Negotiate payment terms and discuss each group’s needs and concerns.
Is there a compromise available that would please both companies?

'''Alternatives'''<br>
To create new scenarios, you can include one or all of the following caveats:
:1. the currency in the importer’s country has devalued by 25%.
:2. there are rumblings of a dock strike in the importer’s country.
:3. the exporter wants to conduct a credit check in order to extend payment terms. The importer has agreed to supply the necessary information and will wait four weeks for the shipment to depart.
:4. the exporter has to manufacture the necessary products and will require funds to purchase raw materials.
:5. the exporter has never sold products overseas.

[[Category:International Business]]