International Marketing Practices
Dock receipt. A dock receipt acknowledges when goods change hands from the domestic carrier to the exporting firm at the port of embarkation [38, 39].
Bill of lading. A bill of lading establishes the terms of a contract between an exporter and carrier, including transit location and charges, service receipts, and proof of exchange [23, 180]. For vessels, there are two predominant bills of lading, specifically a straight, non-negotiable bill of lading and a shipper’s order, negotiable bill of lading, which has the potential for exchange in transit [39, 178]. Chapter Questions 1. As a producer of small forest products, where do you start to find information about shipping internationally? 2. Outline the shipping process, along with the documentation required, from point of origin (your manufacturing facility) to the final shipping destination. 3. How can your customer help you in understanding the shipping process in their country? 4. Why is it important to fully understand the complete shipping process before sending your product overseas?
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