BA101 Introduction to Business International Business Module
BA101 Introduction to Business International Business Module
BA101 Introduction to Business International Business Module
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Elements of <strong>International</strong> Logistics<br />
<strong>International</strong> Logistics’ Characteristics:<br />
� The environment in which international logisticians operate is<br />
quite different from the domestic environment.<br />
� The decisions regarding international transportation are<br />
eminently more complicated.<br />
� The number of intermediaries involved is greater .<br />
� The inherent risks and hazards of international transportation are<br />
much more significant.<br />
Specifically:<br />
� <strong>International</strong> insurance is much more complex.<br />
� <strong>International</strong> means of payment are more involved.<br />
� Terms of trade are much more complicated.<br />
� The crossing of borders represents specific challenges.<br />
� Inven<strong>to</strong>ry is managed differently.<br />
The Eli Broad Graduate School of Management,<br />
Michigan State University, 2008
Change language