In Recent Years,in Light of the Technological Developments,many Exporters Have

question 19

Essay

In recent years,in light of the technological developments,many exporters have been forced to finance international transactions by taking full or partial payment in some form other than money.A number of alternative forms of payments known as countertrade are widely used.How does a countertrade transaction work? How do barter transactions differ from offset?

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Definitions:

Social Enterprise

Organizations that apply commercial strategies to maximize improvements in human and environmental well-being, rather than maximizing profits for shareholders.

Social Business

A type of business model that aims to solve social problems through innovative solutions while being financially self-sustainable.

Charity

An organization set up to provide help and raise money for those in need.

Organizational Capacity

The capabilities, resources, and systems that an organization possesses to effectively achieve its goals and fulfill its mission.