TRADE FOR SME: ABBREVIATIONS QUESTIONS AND CORRECT DETAILED ANSWERS WELL VERIFIED .GRADED A+

TRADE FOR SME: ABBREVIATIONS QUESTIONS
AND CORRECT DETAILED ANSWERS WELL
VERIFIED .GRADED A+




FF (transport) - ANSWER -Freight Forwarder


CEB (transport) - ANSWER -Confederation of Belgian Freight
Forwarders


ICC (incoterms) - ANSWER -International Chamber of Commerce


EXW (incoterms) - ANSWER -Ex Works

, PO (procurement process) - ANSWER -Purchase Order


MOQ (procurement process) - ANSWER -Minimum Order Quantity


MOV (procurement process) - ANSWER -Minimum Order Value



EOQ (procurement process) - ANSWER -Economic Order Quantity


VMS (procurement process) - ANSWER -Vendor Management System




FCA (incoterms) - ANSWER -Free Carrier


CPT (incoterms) - ANSWER -Carriage Paid To



CIP (incoterms) - ANSWER -Carriage and Insurance Paid to



DAP (incoterms) - ANSWER -Delivered at Place


DPU (incoterms) - ANSWER -Delivered at Place Unloaded