International Trade: Exporting, Documents, and Risk Management
Exporting Benefits and Risks
Benefits: Improve competitiveness, spread risk, increase visibility, improve market position, better resource utilization.
Risks: Knowledge loss abroad, lack of personal contact, different payment terms, costs of exporting, exchange rate fluctuation.
Company and Product Readiness for Export
Company Readiness: Production capacity, barriers abroad, adequate personnel, power of substitutes abroad, new departments.
Product Readiness: Competitive in the new market, product adaptability,
Read MoreMicrosoft Office: Mastering Key Features and Functions
Change Case in Microsoft Word
In Microsoft Word, the “Change Case” feature allows you to modify the case of selected text. There are five types of change case:
- Sentence case: Converts the first letter of each sentence to uppercase and the rest to lowercase.
- Lowercase: Converts all selected text to lowercase.
- Uppercase: Converts all selected text to uppercase.
- Capitalize Each Word: Converts the first letter of each word to uppercase and the rest to lowercase.
- Toggle Case: Switches the case of each letter
Franchise Agreements and Hotel Management Contracts
Key Elements of a Franchise Agreement
- Royalties: The contract involves a payment from the franchiser to the franchisee. There are various types of payment and calculation methods.
- Advertising: The design of general advertising campaigns must always be reserved for the franchiser. Any local or specific campaigns for each franchise establishment should preferably be designed by the local establishment, although with the franchiser’s consent.
- Signs and Advertisement: This addresses the issue of refusal