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FSCJ Multinational Enterprises Discussion

FSCJ Multinational Enterprises Discussion

Description

Question # 1

From institution-based and resource-based views, identify the liabilities of foreigners confronting an MNE from emerging economies interested in expanding overseas. How can the firm overcome those challenges?

Submission

Our discussions are a valuable opportunity to have thoughtful conversations regarding a specific topic. You are required to provide a comprehensive initial post with 3-4 well-developed paragraphs that include a topic sentence and at least 3-5 supporting sentences with additional details, explanations, and examples.

Question #2

The Incoterms® rules are the world’s essential terms of trade for the sale of goods. The Incoterms® rules provide specific guidance to individuals participating in the daily import and export of global trade. Whether you are filing a purchase order, packaging and labeling a shipment for freight transport, or preparing a certificate of origin at a port, the Incoterms® rules guide you.

Incoterms® is a set of 11 individual rules issued by the International Chamber of Commerce (ICC) which define the responsibilities of sellers and buyers for the sale of goods in international transactions. Of primary importance is that each Incoterms® rule clarifies the tasks, costs, and risks borne by buyers and sellers in these transactions. Familiarizing yourself with Incoterms® will help improve smoother transactions by clearly defining who is responsible for what and each transaction step. 

The Incoterms® 2020 rules are updated and grouped into two categories reflecting modes of transport. Of the 11 rules, there are seven for any mode(s) of transport and four for sea or land, or inland waterwaytransport.

Use the Internet to find a current news article that examines the roles of Incoterms®, insurance, and terms of payment in managing global transportation risks and costs to transportation and their impact on the transportation component of the supply chain. Start by looking at sources that are dedicated to the transportation industry, such as trade journals and industry-specific news sources. Describe and discuss the article’s content, the specific contribution the article has regarding the topic, and the potential impact the article’s content may have on the transportation industry in the future.

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