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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]