THE IMPORTANCE
It is well known that no business is free from the risk. Generally it is said that as the business grows, the risk also expands. The nature of the risk and the extent of the risk in Domestic Business and in International Business, to some extent differ.Â
The overseas buyer, sitting thousands of miles away is considered as more risky than next door neighbor. The journey of the goods is very long and is subject to various risks. Fluctuations in exchange rate is already known to Exporters and importers as Risky area not within the hands of exporter and importer. This list can be extended in many areas.
It is important that the business man is aware about various risks and the methodology of minimizing them.
OBJECTIVES
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To make the participants understand various known / unknown risks involved into International business
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To familiarize the participants with various methods /solutions whereby these risks can be reduced / avoided / diluted
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FOR WHOM
The programme is for all exporters, importers, executives and others staff dealing in International Market
PROGRAMME CONTENTS
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Export |
Import |
1. Selection of the export products |
1. Selection of the import products |
2. Selection of the export market |
2. Selection of the supplier’s market |
3. Selection of the buyer |
3. Selection of the supplier |
4. Payment from the buyer |
4. Payment to the supplier |
5. Breakage, short delivery, theft, fire |
5. Breakage, short delivery, theft, fire |
6. Sinking of the steamer |
6. Sinking of the steamer |
7. Selection of the Agent |
7. Selection of the indenter |
8. Quality dispute |
8. Quality dispute |
9. Packing |
9. Packing |
10. Legal requirement in importing country |
10. Legal requirement in our country |
11. Discrepancies in the LC |
11. Opening of the LC |
12. Fluctuations in the exchange rate |
12. Fluctuations in the exchange rate |
13. Competitiveness |
13. Delay in import clearance |
14. Non corporation from the Government department |
14. Import Duty |
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 METHODOLOGY & CERTIFICATES
Demonstration of actual documents, Lecturers & Interaction A Certificate of participation will be presented to the participants Â
Faculty
Mr. AJIT SHAH, B.Com., L.L.B., D.I.E.M.
Over 25 years in the fiel d of Exports and Imports as a Consultant/ Adviser And Traine r.
Author of 5 books on export-import.
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QUALIFICATIONÂ Â Â Â Â Â Â :Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â B.Com, LL.B, D.I.E.M.
ASSOCIATION WITHÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â :Â Â Â Â Â Â Â Â Â Â Â Â Â Â
-Â Â Â Â Â Â Â Â Â Â All India Stainless Steel Industries, Mumbai.
-Â Â Â Â Â Â Â Â Â Â Bombay Industries Association (BIA)
-          The Bombay Fountain Pen Manufacturers and Trader    AssociationÂ
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EX-EDITOR  :               All India Import – Export Weekly Journal
AWARDÂ Â Â Â Â Â Â Â :Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â SME Excellence Award for 2011 by SME Chamber of India Presented by
 Dr. Subir Gokarn – Deputy Governor-    Reserv e Bank Of  India
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ILLUSTRATIVE LIST OF CLIENTS SERVEDÂ Â Â Â Â Â Â Â Â Â :
-Â Â Â Â Â Â Â Â Â Â Wipro Ltd., Express Global Logistics Pvt. Ltd, Vakils & Sons Pvt. Ltd.
-Â Â Â Â Â Â Â Â Â Otis Elevator Company (India) Ltd.
-          The Ruby Mills Ltd., Devotie    Â
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• Fees: Rs. 7,900/- +12.36 % service tax per person ( Discount for 3 or more participants)
• Please write to register@princetonacademy.co.in / Call -022 66976892
• Mention the name of participant, company, contact details .
• Cheque favouring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
• Fees includes lunch, tea, course material etc.
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