ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

GLOBALIZATION AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business that handles overseas shipments
A
freight forwarder
B
export management company
C
foreign joint venture
D
trade intermediary
Explanation: 

Detailed explanation-1: -A freight forwarder is a firm specializing in the arrangement of cargo on behalf of shippers. In most cases, freight forwarders provide a variety of supply chain services, including: Ocean or air freight transportation. Inland transportation from origin and/or to destination.

Detailed explanation-2: -The freight forwarding process is the flow of shipment and goods from two destinations carried out by a freight forwarder. Businesses that want to grow and expand should consider trading on an international level.

Detailed explanation-3: -International freight forwarders track shipments on behalf of their clients, book cargo space, prepare bill of ladings, negotiate freight costs, obtain appropriate cargo insurance, and file insurance claims as needed.

Detailed explanation-4: -A freight forwarder, or forwarding agent, is a person or a company who, for a fee, organizes shipments for the shipper (an individual/party that arranges an item for shipment) by liaising with carriers (an individual/party that transports goods).

There is 1 question to complete.