NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Customs, Shipping and Insurance
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
1. Sri Plastics imported one consignment on FOB basis. The consignment consists of
100 boxes. However at the time of examination it was found that 5 boxes were
missing. Sri Plastics contacted the exporter and exporter confirms that they
have
handed over all 100 boxes for which Bill of Lading was issued.
Please examine the case and explain the procedure to cover this loss. (10 marks)
2. Your Company has imported one consignment of 1000 kg consisting of 20 wooden
cases. Your Customs broker has processed the customs clearance under second
check, paid the duty and went for examination. During examination it was detected
that the consignment has 22 boxes with the weight of 1100 kg.
a. How will you handle this case? (5 marks)
b. How customs will view this discrepancy? (5 marks)
3. XYZ Company imported one consignment in a 40’ container and after customs
clearance they have transported the consignment in 3 trucks and moved to Indore.
However one truck met with an accident and materials have been stolen. The INCO
terms was CIF upto port.
a. Explain whether the importer can claim the loss from insurance? (5 Marks)
b. If not , what is the mistake of importer? Explain the details (5 Marks)
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Export Import Procedures and Documentation
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
________________________________________________________________________
Q.1 Maya Corporation is a private limited company. A few directors have left and two
new
directors got inducted on the board. Also the company acquired 2 new branches and one
factory.
The company has not incorporated the changes in the IEC certificate. You have
joined the
company just 15 days back and you have noticed these discrepancies. Kindly
explain the
following:
(a) Can they import any item against this IEC which is to be amended with many changes?
Within how many days the changes have to be informed to DGFT? (5 marks)
(b) What are the penalty for not changing directors’ name and not including
the
branches/factory in the IEC? ( 5 marks)
Q.2 Modern Manufacturing Limited raised a Purchase Order to import one piece of
machinery.
The exporter wanted the payment thru LC (Letter of Credit) and the importer
Modern Mfg.
Limited agreed for the same. The exporter exported the machinery and sent all
original
documents to Modern Manufacturing Limited promptly. The importer has custom
cleared the
machinery immediately. Please explain the following:
(a) Has the exporter followed the procedure of LC? Has the importer paid the money to
the
exporter? (5 marks)
(b) What are the errors in this transaction and how, do you think, the exporter will get
the
money from the importer? What should be the moral responsibility of importer in this
case? (5 Marks)
Q.3 Regal manufacturing company has imported one consignment of chemicals from
Japan.
They gave all documents i.e. commercial invoice, packing list, bill of lading, chemical
analytical
report to their customs broker (erstwhile customs clearing agent) to clear the consignment
under
Free Trade Agreement. However customs has refused to give the benefit to the importer.
(a) Kindly explain the reason for disallowing the benefit? What document is missing in
the
entire set for customs clearance? ( 5 marks )
(b) What is the remedy to get the benefit of Free trade agreement? (5 marks)
********************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: India’s Foreign Trade
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500
words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
Students should write the assignment in their own words. Copying of assignments from
other
students is not allowed.
1. ABC Limited was doing well in the local market and was planning to expand its business
in the
foreign market as well but was worried about how they will collect the payment from the
importers located in other countries. Is it possible for the company not to face credit
risk in a
foreign market, if yes, how? Explain using examples.
2. You have recently joined a Chemical company, which is doing well in the local market,
and
they are planning to enter the foreign market. Before entering the foreign market the
manager
wants to be sure of the benefits and incentives of the new market. Prepare a short report
to be
presented to your manager based on an example.
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Business
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500
words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
Students should write the assignment in their own words. Copying of assignments from
other
students is not allowed.
Q.1 One of the well-established Indian FMCG company has to decide whether it
needs to enter the
International markets, to expand its business. You as a head of the
International business, make a
report on the need for the company to get engaged in international business
taking example of a
specific product of the company.(Students can make assumption of any company of their
choice)
Q.2 A pharmaceutical company was planning to enter the international market and
wanted to
understand the business environment so they can successfully launch their products in the
market. As
consultant help them understand the business environment factors and launch the
product in the
international market.
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Marketing
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
1. Prepare a detailed report of Starbucks and its Marketing Strategy in any two countries
other than India. Starbucks should have the presence in both the countries. The report
should cover the following points:
a. Mode of Entry in the country
b. Product and its customization policy for the country
c. Pricing
d. Promotion
e. People
f. Process
g. Physical Evidence
h. Segmentation
i. Targeting
j. Positioning (10 Marks)
2. From the above given question, list out the competitor in the selected
country and
your strategy to deal with each of the competitor in both the countries? (10 Marks)
3. Starbucks plan to venture in any one new country and you have been given the task to
locate the country where they don’t have the presence now. You have been asked to
prepare the report stating minimum ten positive points about the reasons to enter the
country. (10 Marks)
****************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course : Operations Management
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
Q 1 Mr Rajesh Kapadia booked a flight ticket online. During the flight he asked for
NonVeg. lunch and the air hostess could not offer the same due to shortage of Non Veg.
lunch. Mr
Rajesh was upset and blamed the airline for not giving good service to the passenger. He
said
that the operation has failed miserably and wanted to meet the captain. The captain met him
and
asked him politely whether he has specified his food option at the time of booking. Mr
Rajesh
answered negative. Captain informed the passenger that if options are not selected airline
would
offer the food which was available in the flight. Captain also explained that
they uplift more
veg. food and less non veg. food as non veg. cannot be consumed by everyone while veg.
food
is accepted by all in general. Please analyze this problem and answer the following:
Is airline right in not offering the Non Veg. food to the passenger? 3 Marks
Is passenger right in demanding his option? 3 Marks
What would be the remedial measures that airline can take to avoid such situation?
9 marks
Q 2 Calculate the ordering cost and inventory carrying cost from the following
information:
The total number of orders placed by the company is 10,000 and has an average total of
Rs.200
lac
1. Purchase dept expenses 400000.00
2. Warehouse rent 280000.00
3. Warehouse staff cost 400000.00
4. Obsolescence 120000.00
5. Receiving cost 70000.00
6. Inspection cost 100000.00
7. Materials handling cost in warehouse 320000.00
8. Collection cost 80000.00
9. Bill payment expenses 150000.00
10. Interest charges 14.5%
11. Insurance charges 2%
(15 marks)
***************
School for Continuing Education (NGA-SCE)
Course: Customs, Shipping and Insurance
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
1. Sri Plastics imported one consignment on FOB basis. The consignment consists of
100 boxes. However at the time of examination it was found that 5 boxes were
missing. Sri Plastics contacted the exporter and exporter confirms that they
have
handed over all 100 boxes for which Bill of Lading was issued.
Please examine the case and explain the procedure to cover this loss. (10 marks)
2. Your Company has imported one consignment of 1000 kg consisting of 20 wooden
cases. Your Customs broker has processed the customs clearance under second
check, paid the duty and went for examination. During examination it was detected
that the consignment has 22 boxes with the weight of 1100 kg.
a. How will you handle this case? (5 marks)
b. How customs will view this discrepancy? (5 marks)
3. XYZ Company imported one consignment in a 40’ container and after customs
clearance they have transported the consignment in 3 trucks and moved to Indore.
However one truck met with an accident and materials have been stolen. The INCO
terms was CIF upto port.
a. Explain whether the importer can claim the loss from insurance? (5 Marks)
b. If not , what is the mistake of importer? Explain the details (5 Marks)
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Export Import Procedures and Documentation
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
________________________________________________________________________
Q.1 Maya Corporation is a private limited company. A few directors have left and two
new
directors got inducted on the board. Also the company acquired 2 new branches and one
factory.
The company has not incorporated the changes in the IEC certificate. You have
joined the
company just 15 days back and you have noticed these discrepancies. Kindly
explain the
following:
(a) Can they import any item against this IEC which is to be amended with many changes?
Within how many days the changes have to be informed to DGFT? (5 marks)
(b) What are the penalty for not changing directors’ name and not including
the
branches/factory in the IEC? ( 5 marks)
Q.2 Modern Manufacturing Limited raised a Purchase Order to import one piece of
machinery.
The exporter wanted the payment thru LC (Letter of Credit) and the importer
Modern Mfg.
Limited agreed for the same. The exporter exported the machinery and sent all
original
documents to Modern Manufacturing Limited promptly. The importer has custom
cleared the
machinery immediately. Please explain the following:
(a) Has the exporter followed the procedure of LC? Has the importer paid the money to
the
exporter? (5 marks)
(b) What are the errors in this transaction and how, do you think, the exporter will get
the
money from the importer? What should be the moral responsibility of importer in this
case? (5 Marks)
Q.3 Regal manufacturing company has imported one consignment of chemicals from
Japan.
They gave all documents i.e. commercial invoice, packing list, bill of lading, chemical
analytical
report to their customs broker (erstwhile customs clearing agent) to clear the consignment
under
Free Trade Agreement. However customs has refused to give the benefit to the importer.
(a) Kindly explain the reason for disallowing the benefit? What document is missing in
the
entire set for customs clearance? ( 5 marks )
(b) What is the remedy to get the benefit of Free trade agreement? (5 marks)
********************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: India’s Foreign Trade
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500
words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
Students should write the assignment in their own words. Copying of assignments from
other
students is not allowed.
1. ABC Limited was doing well in the local market and was planning to expand its business
in the
foreign market as well but was worried about how they will collect the payment from the
importers located in other countries. Is it possible for the company not to face credit
risk in a
foreign market, if yes, how? Explain using examples.
2. You have recently joined a Chemical company, which is doing well in the local market,
and
they are planning to enter the foreign market. Before entering the foreign market the
manager
wants to be sure of the benefits and incentives of the new market. Prepare a short report
to be
presented to your manager based on an example.
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Business
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500
words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting their
assignments, but are not allowed to copy the matter as it is from the source of reference.
Students should write the assignment in their own words. Copying of assignments from
other
students is not allowed.
Q.1 One of the well-established Indian FMCG company has to decide whether it
needs to enter the
International markets, to expand its business. You as a head of the
International business, make a
report on the need for the company to get engaged in international business
taking example of a
specific product of the company.(Students can make assumption of any company of their
choice)
Q.2 A pharmaceutical company was planning to enter the international market and
wanted to
understand the business environment so they can successfully launch their products in the
market. As
consultant help them understand the business environment factors and launch the
product in the
international market.
***************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: International Marketing
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
1. Prepare a detailed report of Starbucks and its Marketing Strategy in any two countries
other than India. Starbucks should have the presence in both the countries. The report
should cover the following points:
a. Mode of Entry in the country
b. Product and its customization policy for the country
c. Pricing
d. Promotion
e. People
f. Process
g. Physical Evidence
h. Segmentation
i. Targeting
j. Positioning (10 Marks)
2. From the above given question, list out the competitor in the selected
country and
your strategy to deal with each of the competitor in both the countries? (10 Marks)
3. Starbucks plan to venture in any one new country and you have been given the task to
locate the country where they don’t have the presence now. You have been asked to
prepare the report stating minimum ten positive points about the reasons to enter the
country. (10 Marks)
****************
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course : Operations Management
Internal Assignment Applicable for December 2015 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
Answers to each assignment question to be explained in approximately 1500 words. Use
relevant examples, illustrations as far as possible.
All answers to be written individually. Discussion and group work is not permissible.
Students are free to refer to any books/reference material/website/internet for
attempting
their assignments, but are not allowed to copy the matter as it is from the
source of
reference.
Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
Q 1 Mr Rajesh Kapadia booked a flight ticket online. During the flight he asked for
NonVeg. lunch and the air hostess could not offer the same due to shortage of Non Veg.
lunch. Mr
Rajesh was upset and blamed the airline for not giving good service to the passenger. He
said
that the operation has failed miserably and wanted to meet the captain. The captain met him
and
asked him politely whether he has specified his food option at the time of booking. Mr
Rajesh
answered negative. Captain informed the passenger that if options are not selected airline
would
offer the food which was available in the flight. Captain also explained that
they uplift more
veg. food and less non veg. food as non veg. cannot be consumed by everyone while veg.
food
is accepted by all in general. Please analyze this problem and answer the following:
Is airline right in not offering the Non Veg. food to the passenger? 3 Marks
Is passenger right in demanding his option? 3 Marks
What would be the remedial measures that airline can take to avoid such situation?
9 marks
Q 2 Calculate the ordering cost and inventory carrying cost from the following
information:
The total number of orders placed by the company is 10,000 and has an average total of
Rs.200
lac
1. Purchase dept expenses 400000.00
2. Warehouse rent 280000.00
3. Warehouse staff cost 400000.00
4. Obsolescence 120000.00
5. Receiving cost 70000.00
6. Inspection cost 100000.00
7. Materials handling cost in warehouse 320000.00
8. Collection cost 80000.00
9. Bill payment expenses 150000.00
10. Interest charges 14.5%
11. Insurance charges 2%
(15 marks)
***************
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