Delios Trading is exporting for the first time to Japan and…
Delios Trading is exporting for the first time to Japan and has contracted with Abe Imports in Tokyo for an initial order valued at $110,000. Delios Trading wants Abe Imports to secure a document from a Tokyo bank that would indicate that the bank would pay Delios Trading $110,000 upon presentation of specified documents by the exporter. What is the name of the document that Delios Trading is asking for?
Read DetailsJohnson Goods, a U.S. company is exporting to Watanabe Tradi…
Johnson Goods, a U.S. company is exporting to Watanabe Trading, a Japanese importer. The two parties agree on a draft, but Johnson Goods wants it to be a draft that is payable on presentation to Watanabe Trading. Johnson Goods is asking for a(n)
Read DetailsElderly travelers as well as those who are physically challe…
Elderly travelers as well as those who are physically challenged find it hard to climb stairs when they are allotted motel rooms which are not on the first floor. The Convenience Inn has succeeded in catering to this specific group of customers via its motels, all of which have one floor of rooms with no stairs to climb. Which of the following refers to The Convenience Inn’s success in identifying distinct groups of consumers whose needs, wants, and purchasing behavior differ from others in important ways?
Read Details