Unit TwoEstablishing Business Relations• Preparing for Exporting•Negotiating for Business• Settling Disputes (if any)Lead-in: General Procedures of ExportStep 1Step 2Step 4Step 3• Implementing Contracts Step 1 - Preparing for Exporting Market research; Marketing and promotion; Credit enquiry, etc
Step 2 – Negotiating for Business Enquiries and replies; Offers and counter-offers Rejection / Acceptance of the offer; Concluding contracts, etc
Step 3 - Implementing Contracts Goods preparation; Inspection application; Chartering, space booking; Reminding, examining and amending L/C; Insurance arrangement; Step 4 - Settling Disputes (if any) conciliation, arbitration, or litigationStep One Preparing for ExportingPreparing for Exporting— Establishing Business Relatio