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    Steps in Operation of Letter Credit

    11.4 STEPS IN THE OPERATION OF LETTER OF CREDIT Letters of credit accomplish their purpose by substituting the credit of the bank for that of the customer, for the purpose of facilitating trade. There are basically two types: * Commercial * The commercial letter of credit is the primary payment mechanism for a transaction. * Standby * The standby letter of credit is a secondary payment mechanism. Letters of Credit have certain advantages in foreign trade transactions not only for

    Words: 2820 - Pages: 12

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    Industrial Tour Report

    CHAPTER-1 Introduction: The industrial report is originated from the curriculum requirement of BBA program of University of Chittagong .The topic of our report is “Formulating Industrial Marketing Strategies a case study based on PHP Spinning Mils Ltd.”. The PHP Group is a pioneer and acknowledged market leader in spinning sector in Bangladesh and one of the largest spinning manufacturing company of Bangladesh, adopting State-of-the-Art technologies and fulfilling its customers’ requirements

    Words: 7104 - Pages: 29

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    Wahha

    ch16 Student: ___________________________________________________________________________ 1. According to the text, Zara's strategy of speed and flexibility has enabled the company to eliminate inventory. True False According to the text, Zara's strategy focuses on continual renewal of its clothing lines. True False According to the text, outsourcing is hiring others to do noncore activities. True False According to the text, any activity in the value chain can be outsourced except for strategy

    Words: 15223 - Pages: 61

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    New Product Development

    Acknowledgement At the very outset I want to congratulate our honorable course teacher Dr. Riazur Rahman Chowdhury to give me a chance to preparing a Feasibility Plan of a New Product. It has been a great honor for us to take part in such a prestigious opportunity. I express our gratitude to all the well wishers who supported me all the time with their helping hands. Executive Summary I want to market Green Coconut Water. I have prepared this feasibility plan on that basis. I have assigned

    Words: 3226 - Pages: 13

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    Trade in Services

    Pakistan: ITC/SMEDA, 2007. xiv, 196 p. Guide for small and medium-sized enterprises in the services sectors in Pakistan; provides practical advice to help them improve their export performance or enter new markets. Using a question and answer format, the topics covered include the decision to export, preparing for export, choice of market, identifying customers, selecting a strategy, cultural considerations, promotional materials, quality assurance, pricing, securing payment and temporary market

    Words: 65085 - Pages: 261

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    Green Banking

    Session 2007-11 Submitted to: MR.SHAHZAD GHAFOOR Submitted by: SAMI-UL-HASSAN REG NO: MBA-FA10-084 DEDICATED TO Our worthy parents and the Respected teachers who Always try to find ways And thinks to provide which We do not know and don’t have Table of Content SERIAL NO. | SUBJECTS

    Words: 12496 - Pages: 50

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    Internship Report

    Internship Report NRB remittance in relation to General Banking: A study on Janata Bank Limited On Internship Report On “NRB remittance in relation to General Banking: A study on Janata Bank Limited” Submitted To Sharmin Shabnam Rahman Senior Lecturer BRAC Business School BRAC University Submitted By Afzal Hussain Chowdhury ID# 12164014 Major: Finance Department: MBA Date of submission: 09/09/2014 Letter of transmittal Sharmin Shabnam Rahman Senior Lecturer BRAC Business School BRAC University

    Words: 12250 - Pages: 49

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    Authorized Reseller Agreement

    products offered by any other Samsung Telecommunications America, LLC affiliate. b) “Authorized Reseller” means a person or entity that is authorized in writing by Samsung to distribute and resell Accessories in accordance with Samsung policies, procedures and terms and conditions. c) “Distribute,” “Distribution,” “Resale” or “Resell” means the offer or sale of Accessories. d) “End User(s)” means a person or entity that acquires Accessories, for its own use within the Territory, and not for Resale

    Words: 5204 - Pages: 21

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    Usaid in Bangladesh

    telecommunications and information technology. Offshore outsourcing of these services has become accepted and prevalent. Bangladesh has the potential to obtain a share of this market, which could result in a substantial number of jobs and meaningful export diversification for the country. As a provider of ITES for

    Words: 28016 - Pages: 113

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    Internship Report: -on-Customer-Satisfacti on-Level-of-Exim-Bank-Limited

    Internship-Report-on-Customer-Satisfaction-Level-of-EXIM-Bank-Limited Export Import Bank of Bangladesh Limited Is a public listed scheduled bank categorized in private sector and established under the ambit of Bank Companies Act 1991 and incorporated as a public limited company under the companies Act 1994 on June 02. The Bank started commercial banking operations effective from August 03, 1999. The bank converted its Banking operations into Islamic Banking based on Islamic Shariah from traditional

    Words: 16717 - Pages: 67

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