International Knowledge
As per Vietnam export data, what is Vietnam number 1 exports sector in 2019-2022?
Bet score
As per Vietnam export data, what is Vietnam number 1 exports sector in 2019-2022 were Electrical Machinery & Equipment (36.7%)
Market segmentation - identifying distinct groups of consumers whose purchasing behavior differs from others in important ways
Markets can be segmented by 4 factors
Name 4 factors
1.geography
2.demography
3.socio-cultural factors
4.psychological factors
The difference between a country's total exports and imports.
What is a balance of trade?
What is issued by a bank at the request of an importer and states the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents
Letter of Credit
is issued by a bank at the request of an importer and states the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentation of particular, specified documents
What is CIF, FOB?
Divide half score
CIF Cost Insurance Freight
FOB Free on Board
Name us 5 products of 5 groups
Drinks
App
Watch
Real Estate Agency
Restaurant
A tax that government places on certian imported products.
Double-score
What is a tariff?
What is an order written by an exporter instructing an importer to pay a specified amount of money at a specified time
Bill of exchange
is an order written by an exporter instructing an importer to pay a specified amount of money at a specified time
How many countries are members of ASEAN in 2023
bed score
11
What is STP?
Example how to do STP
Segmentation - Targeting - Positioning
A limit on quantity of products imported or exported
Double score
What is a quota?
What is issued to the exporter by the common carrier transporting the merchandise?
The bill of lading
is issued to the exporter by the common carrier transporting the merchandise
Eliminate import quotas.
What is one goal of WTO?
There are four basic strategies to compete in the international environment
Name 4 strategies
global standardization
localization
transnational
International
Imports more than it exports.
What is trade deficit?
WHAT are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law?
The Incoterms or International Commercial Terms are a series of pre-defined commercial terms published by the International Chamber of Commerce (ICC) relating to international commercial law.
Name 2 types of profit development
Profit Growth
Profitability
What is SWOT?
Internal Factor?
External Factor?
Internal: Strength Weakness
External: Opportunity - Threat
List 5 Types of Countertrade
1 type 100 points
Countertrade can be categorized into five distinct types of trading arrangements:
barter
counterpurchase
offset
switch trading
compensation or buyback