ABSTRACT

International business will typically take three forms: ownership of overseas assets, purchasing goods and services from foreign markets, or sales of domestic product into global markets. Exporters need to be careful and utilize international commercial term of purchase or sale terms that leverage sales opportunity, keep costs minimized, and maintain trade compliance responsibilities. Choosing a quality and expert service provider/freight forwarder could be one of the most important responsibilities of an exporter to assure successful export sales. Operating in the global supply chain means mastering cost effective and comprehensive logistics, warehousing, and distribution. Mastering the skill sets secures the best opportunity to succeed in handling managers management responsibilities in global trade. Most business models will only succeed when they are fully engaged utilizing technology to gain leverage and efficiency in their business models. Customs-Trade Partnership against Terrorism continuously monitors how internal and external factors affect the achievement of goals and ultimately the success of the program.