Business - Page 7

In the fast-paced world of business, staying ahead requires constant innovation and strategic thinking. Explore insightful articles on market trends, competitive analysis, and growth strategies. From export operations to marketing tactics, discover how to thrive in today's dynamic business environment.

International Trade

Are Middlemen in International Trade Obsolete in the Digital Age?

The role of the middleman in international trade has been around for centuries, but with the digital revolution in full swing, it’s definitely not what it used to be. Anyone involved in global business knows that things have changed.

October 6, 2024

Strategy

Agility vs Long-Term Planning: Finding the Right Mix

Planning is important. We hear this all the time. But in a world that moves as fast as ours, is it really enough to stick to a rigid plan? On the flip side, being flexible and agile sounds ideal too, but can

September 25, 2024

Strategy

The Psychology of Strategic Negotiation: What You Can Learn from Diplomats

Negotiation is everywhere, from closing business deals to workplace dynamics, and even the decision on where to take the next family vacation. Success versus frustrating impasse often hinges on one pivotal factor: strategy. And when it comes to the mastery of strategic

September 18, 2024

Business·Marketing

Using Big Data to Grow Your Small Business

Big data, huh? You think you’ve heard that term thrown around you quite a lot, especially over recent years. It sounds kind of scary, especially if you happen to be running a small business. Perhaps it makes you say, “Isn’t big data

September 13, 2024

Entrepreneur

Must We Be Capitalist to Be an Entrepreneur?: A Non-capitalist Entrepreneur Perspective

Perhaps the most immediate archetype that comes to mind any time the issue of business comes up is that of a strong and ruthless capitalist. That ideal dominates the popular narratives of enterprise: an unrelenting pursuit of profit, growth at all costs,

September 11, 2024

Business·Strategy

Total Factor Productivity: Understanding the Elusive Key to Economic Growth

Productivity is considered by many to be the locomotive driving growth and therefore setting the course of nations and industries in the modern world economy. Of the many ways available for measuring productivity, one usually stands out because of its comprehensive nature:

September 9, 2024

Incoterms

INCOTERMS 2020 | FAS – FREE ALONGSIDE SHIP

FAS, short for “Free Alongside the Ship”, means that the exporter is obligated to deliver the goods by placing them alongside the vessel nominated by the buyer at the named port of shipment.

June 3, 2021

Incoterms

INCOTERMS 2020 | DDP – DELIVERY DUTY PAID

DDP, short for “Delivery Duty Paid”, means that the exporter is obligated to deliver the goods to the importer at the agreed delivery/destination point in the importer’s country and pay for all duties and taxes in both countries and, if any, transit

June 2, 2021

Incoterms

INCOTERMS 2020 | DPU – DELIVERED AT PLACE UNLOADED

DPU, short for “Delivered at Place Unloaded”, means that the exporter is obligated to deliver the goods to the importer at the agreed delivery/destination point as unloaded. DPU is used in any mode of transportation. Export clearance is the liability of the

June 1, 2021

Incoterms

INCOTERMS 2020 | DAP – DELIVERED AT PLACE

DAP, short for “Delivered at Place”, means that the exporter is obligated to load the goods onto the collecting vehicle and deliver to the importer at the agreed point of delivery or destination not unloaded. DAP is used in any mode of

May 31, 2021

Incoterms

INCOTERMS 2020 | CIP – CARRIAGE AND INSURANCE PAID TO

CIP, short for “Carriage and Insurance Paid to”, means the exporter is obligated to load the goods to the first carrier and pay the insurance and freight to the agreed destination in the importer’s country. It’s noteworthy that the exporter is not

May 30, 2021

Incoterms

INCOTERMS 2020 | CPT – CARRIAGE PAID TO

CPT, short for “Carriage Paid To”, means the exporter is obligated to load the goods to the first carrier and pay the freight to the agreed destination in the importer’s country. It’s critical to know that the exporter is not responsible for

May 29, 2021

Incoterms

INCOTERMS 2020 | FCA – FREE CARRIER

FCA, short for “Free carrier”, means that the exporter has to deliver the goods to the importer’s collecting vehicle at the point of delivery, which can be at the exporter’s premises or another point that’s been specified in the contract of sale.

May 28, 2021

Incoterms

INCOTERMS 2020 | EX WORKS – EXW

Ex Works is obviously the best Incoterms rule for exporters. If you are new to foreign trade, you’d better agree on the term EXW with your buyer as you’ll bear no risk for anything including customs formalities but to make the goods

May 26, 2021

International Trade

Motives for Internationalisation | Why Start Exporting?

Since the beginning of this millennium we have witnessed an enormous digital transformation in the world. The way we communicate, interact, travel, work, study, entertain; all the conventional means are either replaced by or stayed as alternatives to digital substitutes. You can

May 21, 2021