Global Trade Operations Essay Example | Topics and Well Written Essays - 2000 words

Global Trade Operations - Essay Example International trade has also played a pivotal role in offering economic growth in the countries involved. International trade has also helped countries to reduce their manufacturing costs. For instance, a country can concentrate on what it produces efficiently and effectively. The countries specialize on the field where their absolute advantage lies. This case involves international trade between two countries that are located in different parts of the world. Both countries are different but they are linked together by trade. Background; Trade between CHINA and UK China and UK have enjoyed productive trade relations for a long time. Statistics reveal that trade between the two countries is increasing significantly. In 2009, UK – China bilateral trade in goods was more than $ 201.16 billion. The value is expected to increase significantly in the future. More than 56 Chinese companies have also been listed in the London Stock Exchange. In 2009, UK, imports from China was $ 15.97 billion. Desired Incoterms In 2000, International Chamber of Commercial Terms issued International Commercial Terms (Incoterms) that are now adopted in international trade throughout the world. The Incoterms that are basically used by these traders is the Free on Board (FOB). In this case, the seller is required to deliver the goods to a carrier identified by the buyer. For FOB, the seller delivers the goods after which they are cleared for export (Grath 2008). Importing from China While importing from China, an importer is supposed to create a relationship with the supplier. After establishing a relationship, an individual or organization is required to confirm the terms of trade between the two countries. After confirmation of the trade terms, the parties then agree on the terms of payments. This is followed by approval of samples. Finally, an order is placed in writing after which the freight forwarder is appointed (Grath 2008). In 2008, China exports to UK were $36.07 million. These statistics reveal that there is a strong trade relationship between China and United Kingdom. Exporting to China Exporting from China is almost similar to the importing process. The first step is for the exporter to develop a relationship with the buyer. Then, the two confirm the terms of trade which applies for the two countries. The two parties are then required to agree on the conditions of payment. This involves the deposit balances well as receipts of goods. It is also, important to have samples approved before receiving an order with the new buyer. This should be in writing. The order should indicate the exact order and the terms of trade. Regulations guiding trade in EU and non- EU countries Although the international trade has opened new markets for many companies, it has some complications. For example, trading between EU and non EU member is crucial bearing in mind that the two regions may have different regulations. In this case, the trading companies are required t o adhere to the jurisdiction within the region where the trade is taking place. Some restrictions are unhealthy since they undermine the ability of companies to export freely. The regulations within the EU regions favour the trade between the member states. It promotes free movement of goods and services between the members. The member states are required to withdraw all restrictions to the member states. Therefore, all businesses in the member states can easily

New teacher induction Essay Example | Topics and Well Written Essays - 750 words

New teacher induction - Essay Example A mentor is useful in guiding the teacher through the various problems that the new teacher may face (Collins, 2008). An instructional coach is instrumental in ensuring that the correct procedures are kept in covering the curriculum. The induction process helps the teacher understand and know how to deal with the various students who come from diverse backgrounds. A teacher will also be better placed to deal with students who have difficulties in class and also maximize on the different talents of the various students (Collins, 2008). An important issue to consider is that teachers need to connect with the students so that they can achieve more. The induction process also needs to be reviewed from time to time to ensure that the correct practices are used in the induction of teacher. What works on the program should be further improved while what does not work should be corrected as well. In this standard the administration describes the responsibilities for the teacher and guide them through the written and vision that promotes and supports the ability of the teacher to the continuous development of the region and describes the policies of the school. At this point, the new teacher gets to learn the rules of the school such as the time that they are meant to report to school and time they are meant to eave, the timetable of the school, the values and the culture of the school and how they are meant to conduct themselves especially in regards to how they relate to the students (Collins, 2008). This area could also include issues of pay and if there are any bonuses or any medical support that he teacher is entitled to when they are teaching at the school. This stander seeks professional improvement the teachers that include classroom management techniques and motivating students. Moreover, it lets the teacher to know more about how to communicate and work with diverse students. Students are usually from very