Archive:Trade Finance/Selecting Payment Methods - Revision history

wikademia>Wikademia: moved Trade Finance/Selecting Payment Methods to Archive:Trade Finance/Selecting Payment Methods

2009-05-29T19:02:20Z

moved Trade Finance/Selecting Payment Methods to Archive:Trade Finance/Selecting Payment Methods

← Older revision	Revision as of 19:02, 29 May 2009
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wikademia>Wikademia at 23:07, 18 April 2009

2009-04-18T23:07:26Z

← Older revision		Revision as of 23:07, 18 April 2009
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	*know the responsibilities of each party that should be defined clearly in a contract, realizing, however, that the rules governing such instruments are dependant on the countries and parties involved in the transactions.		*know the responsibilities of each party that should be defined clearly in a contract, realizing, however, that the rules governing such instruments are dependant on the countries and parties involved in the transactions.
	*be aware of and know how to utilize available international business resources that may reduce the risks and cost of doing business.		*be aware of and know how to utilize available international business resources that may reduce the risks and cost of doing business.



	===Module Sections===		===Module Sections===
	*[[Terms and Conditions of Purchase or Sale\|Unit 5.1: Terms and Conditions of Purchase or Sale]]		*[[Terms and Conditions of Purchase or Sale\|Unit 5.1: Terms and Conditions of Purchase or Sale]]
	*[[Resources for Selecting Payment Methods\|Unit 5.2: Resources for Selecting Payment Methods]]		*[[Resources for Selecting Payment Methods\|Unit 5.2: Resources for Selecting Payment Methods]]



	~~===About this Resource===~~
	These resources were developed by [http://www.msuglobal.com MSU Global] with funding provided by a [http://www.ed.gov/programs/iegpsbie/index.html U.S. Department of Education, Business in International Education] Title VIB grant.


	[[Category:International business]]		[[Category:International business]]

wikademia>Wikademia at 04:45, 13 April 2009

2009-04-13T04:45:29Z

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	~~==Module 5: Selecting Payment Methods==~~
	===Module Introduction===		===Module Introduction===
	The objective of this module is to select appropriate methods, terms, and currency of payment to agents, sales representatives, distributors, suppliers, and international joint ventures.		The objective of this module is to select appropriate methods, terms, and currency of payment to agents, sales representatives, distributors, suppliers, and international joint ventures.

wikademia>Wikademia: Text replace - 'TFintro' to 'ntnes'

2009-04-11T06:34:31Z

Text replace - 'TFintro' to 'ntnes'

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	{{~~TFintro~~}}		{{ntnes}}

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

2009-04-09T06:58:34Z

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

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	[[Category:International ~~Business~~]]		[[Category:International business]]

wikademia>Wikademia: 2 revisions

2009-04-08T04:18:42Z

2 revisions

← Older revision	Revision as of 04:18, 8 April 2009
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wikademia>MSUglobal at 19:57, 25 September 2007

2007-09-25T19:57:58Z

← Older revision		Revision as of 19:57, 25 September 2007
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	===About this Resource===		===About this Resource===
	These resources were developed by [[MSU Global]] with funding provided by a [http://www.ed.gov/programs/iegpsbie/index.html U.S. Department of Education, Business in International Education] Title VIB grant.		These resources were developed by [http://www.msuglobal.com MSU Global] with funding provided by a [http://www.ed.gov/programs/iegpsbie/index.html U.S. Department of Education, Business in International Education] Title VIB grant.


	[[Category:International Business]]		[[Category:International Business]]

wikademia>MSUglobal: New page: {{TFintro}} ==Module 5: Selecting Payment Methods== ===Module Introduction=== The objective of this module is to select appropriate methods, terms, and currency of payment to agents, sal...

2007-09-25T18:25:42Z

New page: {{TFintro}} ==Module 5: Selecting Payment Methods== ===Module Introduction=== The objective of this module is to select appropriate methods, terms, and currency of payment to agents, sal...

New page

{{TFintro}}

==Module 5: Selecting Payment Methods==
===Module Introduction===
The objective of this module is to select appropriate methods, terms, and currency of payment to agents, sales representatives, distributors, suppliers, and international joint ventures.

This resource on international finance is focused on the global business professional who is a generalist who may be involved in the sale and/or purchase of goods and/or services internationally. It is essential that a global business professional understand and be able to use the methods of payment available for international business transactions. You will need to be able to determine and select the appropriate method of payment, terms and currency that pertain to the different modes of entry available to international markets. Task 5 consists of two knowledge statements. The challenge for any global business professional in understanding this information is that decisions will be affected by the level of country and commercial risks present in the market and the product or service being offered. It is important, then, that you are comfortable with Modules 1 and 4 of this resources as well.

In this module, you will gain
*knowledge of terms and condition of purchase or sale.
*knowledge of resources: banks, U.S. government agencies, International Chamber of Commerce, and others that may become available.

These unit objectives provide an outline for the terms and conditions of purchase or sale as well as the resources available to support the purchase or sale. Understanding how each of the unit objectives relates to and affects the others is also important. You must
*know the methods of payment and their associated risks for the buyer and seller.
*be able to select the appropriate mode of entry into a market and the terms of sale, which are often dependant on the commercial, economic and political risks evident in a country and will dictate the method of payment chosen for the transaction.
*know how the modes of entry for international transactions will dictate the ways business is conducted as well as the costs and the responsibilities for each party involved.
*know the responsibilities of each party that should be defined clearly in a contract, realizing, however, that the rules governing such instruments are dependant on the countries and parties involved in the transactions.
*be aware of and know how to utilize available international business resources that may reduce the risks and cost of doing business.

===Module Sections===
*[[Terms and Conditions of Purchase or Sale|Unit 5.1: Terms and Conditions of Purchase or Sale]]
*[[Resources for Selecting Payment Methods|Unit 5.2: Resources for Selecting Payment Methods]]

===About this Resource===
These resources were developed by [[MSU Global]] with funding provided by a [http://www.ed.gov/programs/iegpsbie/index.html U.S. Department of Education, Business in International Education] Title VIB grant.

[[Category:International Business]]