Faculty of Commerce and Business Studies, MRIU organized an extension lecture under the aegis of Enrichment Lecture Series Programme.
Professor Dr. Amit Seth welcomed the guest and explained the significance of Export Documents and understanding of Export Documentation for any student learning International Business. It provides real life expertise and adds value to International marketer professional.
Prof. R.K. Wadhwa apprised the students about various necessary key elements of export and import and the loopholes which one should avoid to attain the maximum profit. Professor Wadhwa narrated various examples to demonstrate how small mistakes in filling documentation may cost substantial penalty to the exporter.
Dr. Wadhwa elaborated on the scope and significance of various documents required in export.Apart from all the legal work one should have a good knowledge about the language and symbols and their meaning in different countries. Before entering the export business, one should do the necessary homework in the same field otherwise it would lead to huge losses.Overall the session was quite informative; a lot of questions were raised by students. It explored the mindset of students and opened up new horizons and opportunities for all those who are seeking a career in International Business.