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Some crucial benefits of International trade that everyone should know

The sellers always want to reduce the risk involved for upfront payment. The buyers always do the same or request for payment only after the arrival of their product. Option could be anything but both parties have to trust each other. The global trading has been into existence from many years and still it is flourishing because it has offered so many advantages throughout the globe. It actually means exchanging of goods, capital and services among several regions and countries.

The international trade is also considered as one of the vital sources of revenue for a country. It is more beneficial for developing countries. These days, modern techniques are incorporated for the effective transportation techniques. Outsourcing of services and transnational corporations along with rapid industrialization has put a great impact on international trading. With the support of these aspects, it has cropped up enormously. The trading between numerous countries is not at all a new concept. Actually it is into existence from the last many centuries. The history is the evidence that there are numerous examples of international trading at that time.

The political, social and economic importance of international trade can be explained in Industrial Age. The increase in international trading is the only way to move ahead for globalization. Yes, it is true that international trading constraints may result in the loss of valuable revenue for the nation or for the world as well. In the last few years, international trading has shown great efficiency to make a nation prosperous. Trading can also become crucial contributor in eliminating poverty.

As per a recognized economist explains an international trade can benefit not only to a group but to different parties or individuals. The trading involves the least amount in good production while the volume of output is enormous. It is one of the crucial factors in the growth of economy. The company www.theglobaltradingcompany.com is one of the major importers from India. They deal in number of products and are recognized throughout world. They have the ability to import products from all over the globe. Therefore, it can be said that this company’s international trade enhances domestic competitiveness amazingly. It increases not only sales but it is one of the major factors for profits. So, it can be said that global trading can stabilize seasonal fluctuations in market.

Now that you’re admitted, which business school should you attend?

Congrats future MBA! You’ve done it. All the studying, essay-writing, and putting on your best interview face has paid off, and now you’re in. But you’ve been accepted to more than one school. How do you figure out where to go? We’ve created the essential list for doing your due diligence on the schools that you worked so hard to get into.

Visit. While it might go without saying, we’re saying it: visit campus. These days, it’s easy to get away with being accepted to a school without ever setting foot in the building[s] because of off-campus alumni interviews and electronic applications. But really there’s no better way to get a feel for what you’re getting yourself into than asking the admissions office to hook you up with a student for the day to check out classes, group meetings, and if you’re lucky, an intramural kickball game.

Most schools have admitted/prospective student weekends, but these can be a little overwhelming, with every minute of your few days on campus highly scheduled. If you really want to know what it’s like to be a student, go visit with one on an off-day. It may mean taking a couple of days off during the week, but remember, this is two years of your life we’re talking about.

C’mon, just focus… You probably spent some time researching this for your applications, but make sure you recall what your prospective school’s academic focus is, and make sure that you care about that particular subject. Most schools don’t like to be pigeonholed as being strong in finance or marketing, and weaker in accounting or organizational management, but, well, they’ll get over it. Make sure you know what you’re most interested in learning about, and applying in your post-MBA career, and look to the schools that provide great classes and professors in those areas.

Research jobs placement. Our friends at The MBA Exchange remind us that it’s important to ask the career services department about students’ success landing internships and jobs in the industries of their choice. Don’t let a school’s academic reputation mislead you about its ability to find the right jobs for its MBAs: there are plenty of plenty who get financial services jobs from Kellogg (the “marketing school”) and CPG brand managers that emerge from Booth (the “finance school”).

Location, location, location. This is the first rule of business, is it not?  Well, it doesn’t just apply to retail. Consider where your prospective schools are located, and how many of its alumni stay in the area. If you want a strong network in Dallas, you probably don’t want to go to Columbia. Similarly, think about whether or not you yourself would like to stay in the city/town of your alma mater – oftentimes that’s where the largest percentage of grads stay, at least for the first couple of years out of school.

Find out about merit-based financial aid. We all know that business school is an enormous financial commitment. Less known is that business schools have a little bit of merit-based financial aid available to students even after they’ve received their acceptance letters. Ask your admissions office, and negotiate. A professional admissions consultant can advise you on some of the do’s and don’ts that could lead to unexpected dollars and a little less loan stress.

Talk to current students. It’s easy to review a school’s admissions and marketing materials and get an on-paper look at what the school thinks it is, and wants to be. But without talking to current students who share professional or extra-curricular interests, you may be in for a big ol’ surprise. Ask the admissions office for contacts for students who lead clubs that you may be interested in joining or leading – these clubs will also crossover with professional interests. If you can’t get any additional help from admissions, just google the school and their clubs, and you’re bound to find contact info from someone who’ll give it to you straight.

Do rankings matter? If you’ve followed the steps above, then you should be able to make an informed decision without referring back to the rankings. It’s likely that the schools that you’re choosing between aren’t too far from each other in BusinessWeek, U.S. News & World Report, or any of the other published rankings. If there is a big disparity, then use the rankings to figure out the areas in which your prospective school got a bad grade. Was it teaching quality? Was it job placement rate? If school X fails at anything that’s important to you, then you have your decision right there.

And there you have it. Our essential list for making the big decision. Let us know how you went ahead and took the plunge. And good luck future MBAs!

Tracing your Package ? International Companies Should Offer This Ability to Customers

Thanks to technology, international courier companies now offer more services and perks than ever before. In order to meet the demand of its tech-savvy customers, these shippers have had to update software and their networks globally. Remember when you shipped goods overseas and basically had to wait and hope they arrived at their destination? The internet and the e-commerce market have created high consumer expectations so couriers have had to rise to the challenge or perish in this globally competitive market.

This technological growth has meant that global shipping companies worldwide compete with one another, even if they are not in the same town, city, country or continent! This intense competition means that international courier companies must offer services that stand out against the others to not only retain existing customers but attract new ones as well. One way to stand out in the global shipping crowd is to offer a variety of courier options, all at a great price.

Tracking is a Stand-out Service

Many shipping companies offer similar services so they turn to tracking options to stand apart from the competition. The ability to track packages online is a service that customers appreciate because the more informed they are about their shipped items the less likely they are to worry about a timely delivery. Tracking is a great perk to offer customers and it requires little time, effort and money to set it up. Plus, offering it as a free service makes the customers feel like they are getting something for nothing.

Other Online Services

Additional online services that customers appreciate include the ability to get online shipping quotes as well as having access to weight calculators and fuel surcharge information. With this information, you could calculate an approximate cost of a shipment from door to door. Online website tools for global shippers are a great selling point when marketing to new customers.

If you are researching various international courier companies, look beyond their pricing and basic services. You will easily find multiple companies that offer similar options. Look for the ability to track your packages online as well as those online tools to simplify your global shipping packaging requirements and approximate costs. Everything should be spelled out clearly on the shipper’s website. Above all, their customer service should also be excellent as well with knowledgeable account specialists who can answer your questions quickly and in easy to understand terms. Customer service often ends up being the deal breaker when all other shipping needs are met.

How should Enterprises develop foreign trade online retail in the crisis?

At present, internet is hotter and hotter. And more and more enterprises tend to make full use of internet to get rid of crisis. But how should enterprises do to develop online retail, especially foreign trade.

As a professional online wholesale consumer electronics retailer, coming along the way of e-commerce, epathchina.com has its valuable experience. Here, epathchina.com likes to discuss several ways of enterprise developing foreign trade via internet. 

1. Search engine + enterprise website

If an enterprise wants to use this kind, the first thing it needs to do is to build its own website. After setting up the web, enterprise needs to promote the website to attract more attention from the public. Generally speaking, the common operating is taking advantage of search engine like google.com, yahoo.com, live.com etc. by SEO or purchasing relevant PPC to increase the flow of website and the better rank on the Alexa. Therefore, the orders of this model are large and medium.

2. Traditional B2B platform

It is a well-known model. As the largest B2B platform in the world, it is undoubted that many enterprises choose to cooperate with alibaba.com, enterprises can obtain the global resource and make use of the platform to sell products. For instance, globalsources.com, made-in-china.com, hc360.com, and ec1588.com etc. are famous and reputable B2B websites in domestic market. Unquestioned, the orders are universally big and medium.

3. Comprehensive foreign trade B2B platforms

Except for traditional B2B flatform, there are some other new foreign trade B2B platforms, such as dhgate.com, tradetang.com, beltal.com etc. these kinds of websites do not supply the commodities themselves. They just allow other merchants register on the web, whose model is almost exactly same with ebay.com.

Furthermore, this mode has a strong potential. Nevertheless, traditional B2B websites is possible to step into the field and may post a serious impact to existing websites, if aliabab.com’s access. Usually, their orders are small, but small wholesale.

4. Vertical foreign trade B2B platform

For instance, chinavasion.com, lightinthebox.com, tomtop.com etc. these vertical foreign trade B2B platforms’ differences from comprehensive B2B transaction platform are they don’t allow other merchants to register, but purchase products what the customers ordered voluntarily most time. They have only a little stock.

Compared to dhgate.com?tradetang.com?Beltal.com etc, these kind of websites’ prospect is relatively brighter. Of course, their orders are often small (small wholesale).

5. International retail platform

Undoubtedly, there are a great many excellent large international retail platforms like ebay.com?amazon.com?ioffer.com etc. these websites are very familiar to the public. They will not be introduced more here. Their orders are retail.

6. Foreign trade B2C websites

Enterprises can take advantages of framesdirect.com, zennioptical.com, optical4less.com etc. they are just pure B2C websites. For the development tendency, foreign trade B2C will surpass domestic trade B2C. They enjoy strong potential too. Their orders are retail.

To sum up, when enterprises develop foreign trade following the above ways, the later the higher profits, but the trading turnover will decrease correspondingly.