Grantham INT460 Week 4 Assignment Global Logistics Mgmt Latest 2024

INT460 Global Logistics Mgmt week 4

Global Logistics Management — Week #4 Assignment

Review Questions, Chapters 7 and 8

Answer the review questions at the end of each of this week's chapters - 7 and 8. ‘
The requirements below must be met for your paper to be accepted and graded:

Write between 750 — 1,250 words (approximately 3 — 5 pages) using Microsoft Word in APA style.
Use font size 12 and 1” margins.

Include cover page and reference page.

At least 80% of your paper must be original content/writing.

No more than 20% of your content/information may come from references.

Use an appropriate number of references to support your position, and defend your arguments. The following are examples of primary and secondary sources that may be used, and non-
credible and opinion based sources that may not be used.

e Primary sources such as government websites (United States Department of Labor Bureau of Labor Statistics, United States Census Bureau, The World Bank, etc.), peer reviewed
and scholarly journals in EBSCOhost (Grantham University Online Library) and Google Scholar.

e Secondary and credible sources such as, CNN Money, The Wall Street Journal, trade journals, and publications in EBSCOhost (Grantham University Online Library).

e Non-credible and opinion based sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. should not be used.

Cite all reference material (data, dates, graphs, quotes, paraphrased statements, information, etc.) in the paper and list each source on a reference page using APA style.
View your assignment rubric.
 Grantham University

Chapter 7

Review and Discussion Questions

1. Why is it more difficult and riskier to collect receivables from a foreign purchaser?

2. What are the differences between political risks and commercial risks of non-payment?

3. Describe the concept of cash in advance.

4. Describe the process of documentary collection.

5. Describe the mechanism of a letter of credit, from the exchange of the pro forma invoice to final payment.

6. What is credit insurance? Why is it associated with open-account transactions?

7. Several people claim that letters of credit will soon be replaced by the concept of TradeCard. What is this product, and why do those people think it has such a bright future?

8. Describe the concept of bank guarantees. What are the different types of bank guarantees?

Chapter 8

What are three of the possible choices that an exporter can make (in terms of currency) for a specific transaction?

2. Explain the three different types of exchange rates. Find the three exchange rates for a currency of your choice and explain the values you find.

3. Explain the three different types of currencies. Give an example of each.

4. Choose two of the theories of exchange rate determination and explain them.

5. What does it mean for a firm to retain its currency fluctuation risk in a transaction?

6. There are three types of hedges that a firm can use to protect itself against transaction exposure. Choose one of them and explain it