Free Essays on Buyer to Get Inspired & Learn by Example

The five basic methods of payment in international trade are:

Prepayment: Under this method, the exporter will not ship goods until the payment has been remitted to the exporter by the buyer. This method provides the supplier of the goods the highest protection and has a disadvantage to the buyer because at times they are unwilling to be exposed to 100% risk of remitting the full amount upfront (Jeff, 2012).
Letter of Credit (LC): This is an instrument issued by the bank to the exporter on behalf of the importer promising to pay for the goods to the exporter (supplier) in case the buyer (importer) is unable to. Continue reading...

Introduction

With the unprecedented proliferation of the difference technological advancements, the mistakes in contract law have become increasingly popular. Very often these contracts involve third-party beneficiary. The most popular forms of such legal relationships are insurance contracts, gifts contracts, banking deposits contracts, and many others. Moreover, contracts of sale are another popular example in this regard. The practice indicates, that the intended recipient of the commodities in international sales of goods contracts are innocent third parties. Sometimes, however, the practice demonstrates that these legal relationships are brutally violated by the buyer. Onto such situations, typically two parties become affected: an Continue reading...

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Introduction
The Lean tools and manufacturing system is believed to have been developed in Japan and was first applied in Toyota manufacturing systems. Currently, the lean tools are being utilized in most production and manufacturing environments and have been proven to be effective in reducing costs and maximizing profits. From Japan, experts in lean manufacturing principles, most especially Toyota employees who are experienced in the lean manufacturing systems have been imparting their knowledge about lean and how it is applied in a manufacturing environment. One particular example of this exchange in knowledge is the partnership between the Continue reading...

Introduction

The price value is enormous: it defines the structure and volume of production, the movement of material flows, commodity mass distribution; has an impact on a lot of profits, product profitability and production, the level of life society. Using price inputs and outputs of business are measured, most advantageous embodiments of the capital investment are justified economically, and the production and consumption are stimulated, as well as the quality of the goods (NetMBA, n. d.).
Pricing process should clearly regulate the stages of collecting and preparing the information, making a final decision. Its effectiveness depends on the actual development Continue reading...

Introduction of the company

Apple Inc. is an American corporation and it manufactures and designs consumer electronics and computer software products. The most prominent products include the Macintosh Computers, iPhone and iPod and the software range includes Mac OS X operating system, iTunes media browser, Final Cut Studio, and many more. The company has more than 250 retail store under its name in nine countries and it also manages an online store for software and hardware. (Forbes, 2013). It is now expanding into a new product category that is a smart watch.
Apple Inc. was established in California in 1976 and it was Continue reading...

Question 1

Describe the different types of costs associated with inventory.
Inventory costs can be divided into three main categories, namely purchase costs (the cost of procurement), storage costs (maintenance) and costs related to the lack of goods (shrinkage). Purchase costs (also called as the costs of order preparation, especially when it comes to production), or restocking are economic consequences caused by direct orders, that is, costs that arise every time the company place customer’s order. These costs can be divided into two parts: the costs directly for the placement of the order (they can be persistent and do not Continue reading...

Alibaba IPO issue

On 5th September, 2014, the Chinese E-Commerce giant, Alibaba, filed legal papers with Security and Exchange Commission to issue Initial Public Offering in the US market. With the IPO issue amounting to $21 Billion, the stock market debut of this company was the largest in the world and with the expected market capitalization of over $155 Billion, the IPO issue made it one of the largest listed firms in the United States.
The company, which is a popular name in the global corporate environment, began its trade on New York Stock Exchange under the ticker symbol of ‘BABA’ on Continue reading...

1. Developing Pricing strategies
The pricing decision plays a significant role in the success of a company, because price of a product or the service deliver a message regarding quality of the product or service. Some consumers are price sensitive and others focus on quality. in order to develop the pricing strategies the firms set the price objectives, evaluate the product-price relationship, estimate the cost and other limitations associated with the price, analyze the profit potentials, set the initial structure of price, and change the price when required.
Further, the firms can set various pricing strategies such as economic Continue reading...

1.0 Introduction
The report revolves around The Body Shop Company, which deals skincare and makeup products such as shampoos with the aim of analyzing the marketing mechanism in relation to the internal and the external environment. The researcher evaluates the Company’s response based on these external factors that may negatively or positively affect the firm depending on the strategy applied to respond since it is venturing into a new market which is Australia. The Body Shop Company will thus forms the basis upon which issues will be identified and evaluated based on the customer’s competitive advantage to Continue reading...

1. In 5 years time Hayat Kimya aims to be the market leader. What should be the market entry strategy?
The choice of entry mode of the company to the market depends on external factors such as cost, risk and degree of control over the process. As of December 2014, Hayat Kimya exports its products to 69 countries in five continents reaching consumers around the world. It has operations in Turkey, Iran and Russia and plans to invest in Egypt, Kazakhstan, Algeria in 2016, and Nigeria in 2017. The company has also been conducting feasibility studies for entering markets Continue reading...