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Hps2314:Clearing And Forwading Question Paper

Hps2314:Clearing And Forwading

Course:Bachelor Of Supplies Management

Institution: Meru University Of Science And Technology question papers

Exam Year:2013

QUESTION ONE – 30 MARKS
(a) Exporting and importing are two sides of the same coin. Evidently, the two functions in global transaction ensure supply of goods from all corners of the world. Justify this statement by discussing the distinct export processes as well as import process in international trade. (14Marks) (b) Explain the role of clearing and forwarding agents in the international trade. (6Marks) (c) Explain the usefulness of the certificate of origin in international trade. (4Marks)
QUESTION TWO – 20 MARKS
Discuss how Clearing and Forwarding has created new impetus to the holistic function of purchasing and supplies. (20Marks)
QUESTION THREE – 20MARKS
Explain the term “multimodal” from the perspective of clearing and forwarding and give an example of goods that may be shipped via a multimodal system. (20Marks)
QUESTION FOUR – 20 MARKS
(a) State four challenges facing export and import trade. (4Marks)
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(b) Briefly explain three factors to consider when choosing a mode of transport to use in international trade. (6Marks)
(c) Explain five reasons why export documentations are important in international trade. (10Marks)
QUESTION FIVE – 20 MARKS
Write short explanatory notes in the line with the following export/import documents:
(i) Import declaration form (5Marks) (ii) Pro forma invoice (5Marks) (iii) Airway Bill (5Marks) (iv) Bill of lading (5Marks)

Hps2314:Clearing And Forwading Question Paper

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