In order to ensure a smooth and efficient financial transaction process several payment terms have been established. These payment terms outline the expectations and responsibilities of both parties (buyer and seller) involved in the payment process.
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International negotiation is a specialised domain within the wider field of cross-cultural communications. International managers need to possess effective communication skills while negotiating with overseas suppliers or buyers,
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International commodity agreements are inter-governmental arrangements concerning the production of and trade in, certain primary products to stabilise their prices.
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A Special Economic Zone (SEZ) is a geographically bound zone where the economic laws in matters related to export and import are more broad-minded and liberal as compared to the rest parts of the country.
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Capital structure of a company refers to the composition or make-up of its capitalization and it includes all long-term capital resources viz: loans, reserves, shares and bonds
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Risk is ‘Uncertainty of Result’, either from pursuing a future positive opportunity, or an existing damaging threat to meet a current goal.
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