ZuoTi.Pro
Question

To overcome the lack of trust in an export/import relationship, firms usually turn to only repeat business. a third party int
business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

To overcome........turn to

a third party intermediary, like a bank. This is the best options for firms to ensure the safety of business and the transactions related to it. Under the import/export business the banks act as an intermediary between the parties. The banks pay the assured amount on behalf of the contracting parties ensuring the other party to carry on the business with complete trust.

0 0
Add a comment
Know the answer?
Add Answer to:
To overcome the lack of trust in an export/import relationship, firms usually turn to only repeat...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the cru...

    1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the crucial factors in the banks downturn? 2. what are the main triggers to change the banks approach to communication and what is different today regarding the dealings and relationship to its share-and stakeholders? 3. How would you evaluate the constant replacement of the banks chairman and CEO? 4. in view of the future strategy of USB, what are your suggestions in order...

  • 1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what...

    1. Analyze the major challanges USB faced in the last 5 years, in your opinion, what were the crucial factors in the banks downturn? 2. what are the main triggers to change the banks approach to communication and what is different today regarding the dealings and relationship to its share-and stakeholders? 3. How would you evaluate the constant replacement of the banks chairman and CEO? 4. in view of the future strategy of USB, what are your suggestions in order...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • What are the differentiating features of banks that target ethnic communities? (Bullet point answers please). United...

    What are the differentiating features of banks that target ethnic communities? (Bullet point answers please). United Commercial Bank and El Banco17CASE 2.1 This telling of the story of two special banks originally was prepared by students in 2007 who were engaged by the notion of two banks that had developed separate strategies for serving two niche markets. As you first read the students’ story, ask yourself, what could have gone wrong with each bank? Also, as you read, keep a...

  • I wanted to update you on my efforts to secure an increased line of credit for...

    I wanted to update you on my efforts to secure an increased line of credit for working capital. Despite my repeated efforts and the calls that both of you have made to our bank's senior officers, Miami Dade Merchant's Bank (MDM) continues to be inflexible. It refuses to increase our $3.2 million line of credit and says that it will not change its mind. It is also proposing tighter covenants. I have highlighted for MDM our improved EBIT and free...

  • ABC International: Solving the Rural Barrier

         Compensation sessionABC International:   Solving the Rural BarrierSource: Thunderbird School of Global Management, A unit of the Arizona State University Knowledge Enterprise. 2015. This case was prepared by Erin Bell under the guidance and supervision of Dr. Amanda Bullough, and revised and updated by Drew Helm for the purpose of classroom discussion only, and not to indicate either effective or ineffective managementSiham sat with her family and childhood friend, Leila, in their rural village of Qabatiya, Palestine. Leila had recently returned from...

  • Read the following case study and answer the question that follows. Article: A TALE OF TWO...

    Read the following case study and answer the question that follows. Article: A TALE OF TWO PROJECTS [20 MARKS] A business tale of what it takes to turn around troubled projects. The year is 2015 and times are good. The business environment is vibrant and the econo my is strong. Large businesses are committing large amounts of capital and resources to implement new strategies, establish new capabilities, and open new markets. It was no different at PintCo, where Jack works...

  • Read the following case study and answer the question that follows. Article: A TALE OF TWO...

    Read the following case study and answer the question that follows. Article: A TALE OF TWO PROJECTS [20 MARKS] A business tale of what it takes to turn around troubled projects. The year is 2015 and times are good. The business environment is vibrant and the econo my is strong. Large businesses are committing large amounts of capital and resources to implement new strategies, establish new capabilities, and open new markets. It was no different at PintCo, where Jack works...

  • And there was a buy-sell arrangement which laid out the conditions under which either shareholder could...

    And there was a buy-sell arrangement which laid out the conditions under which either shareholder could buy out the other. Paul knew that this offer would strengthen his financial picture…but did he really want a partner?It was going to be a long night. read the case study above and answer this question what would you do if you were Paul with regards to financing, and why? ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...

  • The Economist article “Indonesias economic growth is being held back by populism,” (see below) highlights a...

    The Economist article “Indonesias economic growth is being held back by populism,” (see below) highlights a number of features of Indonesias economic growth potential (as of January, 2019). After reading the article, evaluate the quality of Indonesia’s policy environment. Specifically, consider which aspects of Indonesia’s policy and demographic setting are conducive to economic growth and which are inhibiting economic growth? Begin with a brief summary of the requirements for economic growth that are explained in Modules 20 and 22. When...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT