ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Identify the transport document being used. “A document declaring in which country a commodity or good was manufactured. “
A
Export/Import licence
B
Bill of exchange
C
Documentary bill
D
Certificate of origin
E
Documentary credit
Explanation: 

Detailed explanation-1: -What Is a Certificate of Origin (CO)? A certificate of origin (CO) is a document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product, its destination, and the country of export.

Detailed explanation-2: -If your product is wholly the growth or manufacture of a single country, it is simple to determine that the country in which the product was grown or manufactured is the country of origin. In today’s global economy, however, manufacturers are sourcing materials and components from around the world.

Detailed explanation-3: -A Certificate of Origin (COO) is one such important document, which certifies that the products being exported have been manufactured and processed in that particular country.

Detailed explanation-4: -A certificate of origin is an important international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country.

There is 1 question to complete.