a. State the basic elements of an export sales
contract.
b. What is a TNC ? Why do firms become transnational?
- 1 Answers
- 7903 Views
- I also Faced
- E-Mail Answers
Answer Posted / prabhu
Basic elements or terms present in Export sales contract:
Contract period, Parment terms and modes(L/c, Advance etc),
Tentative quantity, Rates based on Incoterms (FOB, CIF
etc), Customs clearance party name, Dispute solving
procedure, Packing and Labelling conditions, Approx.
delivering date etc.
TNC:Transnational Company nothing but MNC.
Why MNC: To improve market share, to gain Economies of
scale, brand popularity, Govt.Incentives and to avoid
marketing outsourcing cost.
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
No New Questions to Answer in this Category !! You can
Post New Questions
Answer Questions in Different Category
