Homework answers / question archive / Fashion Institute of Design & Merchandising - BUSINESS BUMT 4250 Supply Chain Management Midterm Study Guide Define the following terms? 1) INCO Terms   FOB LDP/DDP CIF Ocean Bill of Landing Airway bill Insurance certificate Commercial invoice Certificate of origin Packing list Globalization of today’s business Trade barriers (define and explain why it happens) Trade surplus Trade agreements Tariffs US customs duties HTSUS (how does it fit into the picture?) Quotas Market segmentation (brief description of each 4) Measurability Accessibility Profitability Actionability

Fashion Institute of Design & Merchandising - BUSINESS BUMT 4250 Supply Chain Management Midterm Study Guide Define the following terms? 1) INCO Terms   FOB LDP/DDP CIF Ocean Bill of Landing Airway bill Insurance certificate Commercial invoice Certificate of origin Packing list Globalization of today’s business Trade barriers (define and explain why it happens) Trade surplus Trade agreements Tariffs US customs duties HTSUS (how does it fit into the picture?) Quotas Market segmentation (brief description of each 4) Measurability Accessibility Profitability Actionability

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1) INCO Terms

12. Trade barriers (define and explain why it happens)

13. Trade surplus

14. Trade agreements

15. Tariffs

16. US customs duties

17. HTSUS (how does it fit into the picture?)

18. Quotas

19. Market segmentation (brief description of each 4)

1. Measurability
2. Accessibility
3. Profitability
4. Actionability