Maricopa Community Colleges  IBS107   19946-19976 
Official Course Description: MCCCD Approval: 11/26/96
IBS107 19946-19976 LEC 1 Credit(s) 1 Period(s)
Basics of Export Operation
Marketing, organization, regulation, terms of access, documentation, shipment and financing involved with international enterprises, sovereignty, technology transfer, arbitration, negotiation and diplomacy. Prerequisites: None.
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MCCCD Official Course Competencies:
 
IBS107   19946-19976 Basics of Export Operation
1. List reasons for exporting, evaluate pros and cons, describe obstacles, and list organizational requirements to export. (I)
2. Assess the export potential of a given product or service. (I)
3. Name and use the available sources of private and public export advice and assistance. (II)
4. State the various methods of exporting (direct through own sales force or indirect through export management companies) and be able to evaluate the advantages and disadvantages of each. (II)
5. Research international markets and use research data in international marketing decision making. (II)
6. Identify the various channels of distribution (agents, distributers, foreign retailers) and know how to evaluate overseas representatives. (III)
7. Describe how to prepare and adapt a product/service for export (product redesign, labeling, packaging, warranties, after sales service). (III)
8. Locate and contact buyers in foreign markets. (III)
9. Evaluate the cultural and language requirements of the foreign customer and their impact on the exporter's operations. (III)
10. Respond to inquiries, prepare quotations and set the terms of sale. The student will have a basic knowledge of foreign exchange and be able to describe the various methods of payment including the letter of credit. (IV)
11. List risks and evaluate insurance options against those risks. (IV)
12. Describe and evaluate the services of freight forwarders. (IV)
13. Locate current export regulations and describe how to comply with export licensing requirements including application procedures. (IV)
14. Describe the various export financing alternatives that are available, including state and local, federal and commercial banking programs. (IV)
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MCCCD Official Course Outline:
 
IBS107   19946-19976 Basics of Export Operation
    I. Exporting
        A. Reason for exporting
        B. Assessing export potential
        C. Identifying export markets
      II. Export Assistance
          A. Public sources of information and assistance
          B. Private sources of information and assistance
        III. Market Intelligence
            A. Methods of market research
            B. Sources of market research
              1. Department of Commerce
              2. Small business Administration
              3. Department of Agriculture
            C. Overseas distribution channels
            D. Inquiries, quotations, proforma invoices, terms of sale
            E. Pricing
            F. Market demand and competition, product export modifications
            G. Locating and contacting foreign buyers
            H. Methods of doing business overseas
          IV. Export Regulations and Licensing
              A. Export regulations
              B. Tax and customs benefits for exporters
              C. Foreign sales corporations
              D. Validation, general licensing, carnets, special licenses
              E. Shipper's export declaration
              F. Patents, trademarks, copyright protection
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