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User:Jukeboksi/BBA studies/Entering Target Markets: Difference between revisions

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* A '''[[w:documentary collection|documentary collection]]''' is a process, in which the [[w:seller|seller]] instructs his [[w:bank|bank]] to forward [[w:document|document]]s related to the [[w:export|export]] of goods to the [[w:buyer|buyer]]'s bank with a request to present these documents to the buyer for [[w:payment|payment]], indicating when and on what conditions these documents can be released to the buyer. ( Wikipedia )
* A '''[[w:documentary collection|documentary collection]]''' is a process, in which the [[w:seller|seller]] instructs his [[w:bank|bank]] to forward [[w:document|document]]s related to the [[w:export|export]] of goods to the [[w:buyer|buyer]]'s bank with a request to present these documents to the buyer for [[w:payment|payment]], indicating when and on what conditions these documents can be released to the buyer. ( Wikipedia )


Main risks in foreign trade:  
Main '''[[w:financial risk|financial risk]]s''' in foreign trade:  
* Customer risk ( unable or unwilling to pay )
* Customer risk ( unable or unwilling to pay )
* Country risk ( political risk )
* Country risk ( political risk )
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