the homework question will be in the file attached

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Note: the banana project you are going to see in the homework is an in class project that separate the class into two different groups, importer and exporter, I'm in the importer side where we have to import bananas from outside the country

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1. Regarding shipments: a) What is a non-vessel operating common carrier (NVOCC)? Why are they important? b) Why will a shipping company use full-container-loads or truckloads as a possible way to avoid theft while cargo is in transit is to ship exclusively? c) What are “reefers” in international shipping? Why is it important? d) What is non-palletized shipping/freight? How can this be used towards your international banana project? e) What is the standardized size of pallets in America, Europe or any other part of the world? Why is the standard size important to know? 2. Regarding packaging: a) Is the primary responsibility for packaging for international shipments on the exporter or importer? Defend your choice b) Briefly describe the primary, secondary, and tertiary types of packaging. c) Provide two key differences between each of the different types of packaging. d) Where did you see these types of packaging at the UPS, Amazon, or Berry Global locations that you visited? e) Why are these types of packages important to the global companies you visited? 3. In two sentences, what is the Harmonized Systems code (HS number)? a) What is the Harmonized System of Classification numbers of the following products: Bananas, Fried or Dried, Nesoi; Bananas and plantains, fresh or dried; retail dog and cat food; and fresh or chilled Brussels sprouts. b) Why are the codes different? c) Why are these codes important for the global supply chain manager to be aware of? d) Are these codes the same for every country? e) How will using this code be useful for your group project, interational banana shipment? 4. Regarding the international banana group project: a) Will the bill of lading be required for the international shipment? Who provides the bill of lading? b) What will be the advantages of conducting international trade using electronic documentation? List two advantages and disadvantages. c) What risk management strategies can the exporter/importer use to their advantage? List two strategies for each. d) What is the concept of cash in advance, credit insurance, and letter of credit? In 1-2 sentences, mention how any of these concepts can be used in international trade transactions? e) Why and how does the movement of your international banana product require breakbulk shipping? Page 1 of 1 ...
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JohnNyamboche
School: Cornell University

Attached.

1. Regarding shipments:
a) What is a non-vessel operating common carrier (NVOCC)? Why are they
important?
NVOCC is a carrier which operates in the ocean but transports the goods under self-House
Bill lading but does not operate physical vessels of transportation. They are important in that
they bridge the gap of customers who cannot use the ocean vessels and also diversify the
import and export process.
b) Why will a shipping company use full-container-loads or truckloads as a possible
way to avoid theft while cargo is in transit is to ship exclusively?
There is an increased accountability in a full-container-load transit. Small thefts are possible
when the containers are not full since the contents can be removed at any place hence the
need to regulate the theft through increased levels of accountability associated with the full
containers.
c) What are “reefers” in international shipping? Why is it important?
Reefers refers to containers that are refrigerated and used in the international shipping of
highly perishable goods. Reefers is important since they help in quality conservation of the
goods to prevent damage and other losses.
d) What is non-palletized shipping/freight? How can this be used towards your
international banana project?
This is...

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