Export Policies and Documentation (Theory)

Paper Code: 
GPM 601
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to -

  1. Give exposure to the procedures and documents involved in International Trade (Export- Import) activities.

 

Course Outcomes (COs):

Course

Learning outcomes

             (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

GPM 601

Export Policies and Documentation

(Theory)

 

The students will be able to –

 

CO 65.Recognize the basic steps in export management.

CO 66. Demonstrate clear understanding of export-import procedure.        

CO 67.Comprehend the concept of documentation in foreign trade   

CO 68.Describe  institutional Set-up for export promotion.

CO 69.Elaborate the export credit and finance.

Approach in teaching: Interactive lecture, Discussion, Demonstration, Power point presentations, Relevant videos.

 

Learning activities for the students: Self-learning assignments, Group discussion, Quiz, Topic presentation

Assignments ,Class test, Semester end examinations

 

 

9.00
Unit I: 
Basic steps in Export Management
  • Factors and Decisions Regarding Export Market
  • Selection of Export Market
  • Product Planning for Export Market
  • Selection of Trade (Export) Method
  • Pricing
  • Determination of Credit Policies
  • Promotion
  • Decision Regarding Distribution Channels

 

9.00
Unit II: 
Export-Import Procedure
  • Export Procedure
  • Import Procedure
  • Study of latest Exim Policy
  • Cost Factors of Export-Imports Goods 

 

9.00
Unit III: 
Documentation in Foreign Trade
  • Commercial Invoice
  • GR Form
  • Letter of Credit
  • Bill of Exchange
  • Shipping Bill
  • Marine Insurance Policy
  • Bill of Lading
  • Mate’s Receipt
  • Certificate of Origin
  • Packing List and Note
  • Others

 

9.00
Unit IV: 
Institutional Set-up for Export Promotion (Basic information about)
  • EIC (Export Inspection Council)
  • DGFT((Directorate General of Foreign Trade)
  • IIFT(Indian Institute of Foreign Trade)
  • IIP( Indian Institute of Packaging)
  • EPB( Export Promotion Board)
  • ICA(Indian Council of Arbitration)
  • FIEO( Federation of Indian Export Organization)
  • SEZ(Special Economic Zone)

 

9.00
Unit V: 
Export Credit and Finance
  • Importance
  • Methods and Sources of Export Credit and Finance
  • Short Tem Credit-sources
  • Medium and Long Term Credit and Finance
  • Methods and Terms of Payment in International Marketing
  • A brief study of ECGC and Exim Bank

 

Essential Readings: 
  • Mathew M.J., (2011)International business, Jaipur RBSA Publication.
  • Kothari, R., (2014) International Marketing, Jaipur, RBD publication.
  • Bhattacharyya B., Varshney R.L., (2009) International Marketing Management: an Indian perspective, (22nded.) New Delhi, Sultan Chand & Sons.
Academic Year: