Every exporter will require an effective costing system to support their business. Explain why this is the case

Every exporter will require an effective costing system to support their business. Explain why this is the case

EXPORT PRACTICE & MANAGEMENT

 

Instructions to candidates:

 

a) Time allowed: Three hours (plus an extra ten minutes’ reading time at the start – do not write anything during this time)

 

b) Answer any FIVE questions

 

c) All questions carry equal marks. Marks for each question are shown in [ ]

 

1. Every exporter will require an effective costing system to support their business. Explain why this is the case. [20]

 

2. Analyse the various approaches available to an exporter to measure profit. [20]

 

3. Exporting as a method of trading has many characteristics which distinguish it from other forms of business. Analyse these characteristics. [20]

 

4. Analyse the advantages and disadvantages of the partnership structure as a form of business

organisation for an exporter. [20]

 

5. Evaluate the stages and actions involved in establishing an overseas trading operation. [20]

 

6. Review the issues that an exporter and importer will consider when negotiating on the price for a product. [20]

 

7. Review the main measures of liquidity and efficiency that an exporter will use to assess business performance. [20]

 

8. Review the reasons why an exporter will write down the value of their fixed assets. [20]


Price: £ 40

100% Plagiarism Free & Custom Written, Tailored to your instructions