Academic MBA Question:
Q: Alpha electronics is planning for imports of Laptops from Lenovo, Singapore. Lenovo wants to export to Alpha as per Inco terms. Explain to Alpha electronics what INCO terms are and what are the different methods of classification of Inco terms. Thereafter, List and briefly explain the Inco terms basis Mode of Transport and suggest which Inco terms Alpha should adopt if it has no competencies on fright and insurance costs.
Academic Assignment Answer:
