Which of the Following Arranges Export Financing Payment Methods in Descending

question 14

Multiple Choice

Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable?

• A) sales on open account→cash in advance→documentary credit (L/C)→documentary collection (draft)
• B) documentary credit (L/C)→sales on open account→documentary collection (draft)→cash in advance
• C) documentary collection (draft)→documentary credit (L/C)→cash in advance→sales on open account
• D) cash in advance→documentary credit (L/C)→documentary collection (draft)→sales on open account
• E) none of the above

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Definitions:

Talent Management

The strategy of developing, recruiting, retaining, and deploying individuals with the required skills and aptitudes to meet current and future organizational needs.

Marketing Mix

The set of actions, or tactics, that a company uses to promote its brand or product in the market, commonly identified as the 4Ps: Product, Price, Place, and Promotion.

Human Skill

The ability to work effectively with people, managing interpersonal relationships and communication.

Analytical Ability

The capacity to understand and dissect complex information, problems, or data, and make reasoned decisions or insights based on that analysis.