Assessment 1: Details and instructions

Purpose

Develop the Part I of International Transport and Logistics Report - key terms of a sales contract

Task details

Sit down and seriously reflect on one of your career possibilities after your study at La Trobe Business School: you start a business in Australia or your home country that sell products to local or overseas markets; your business is engaged in international trade because either (a) your products sold to the local markets are sourced from one or more supplier located overseas or (b) you sell the local products to international markets. Three assessments of this subject produce a whole international transport and logistics report for your own business. All the three assessments are to be completed individually.

In this assessment, you are required to:

• Introduce the business you are going to start, especially the typical products that are imported from one or more oversea supplier or exported to overseas customers. Justify why your business will be profitable.
• For the most important (typical and profitable) product of your business, draft key terms of a sales contract between your business and its trading partner (either a supplier or a customer), in line with relevant international standards and practices. The contract should include the following as a minimum:

·        Seller and Buyer

·        Description of goods and quality

·        Terms of sales

·        Terms of Delivery

·        Terms of Payment

·        Cargo Insurance

• Identify and discuss potential complexities and/or challenges in fulfilling your business’s responsibilities in relation to the contract terms outlined.
• Make recommendations to overcome the challenges.

Instructions

The assignment constitutes the first two sections of your business report, and should include the following:

1.     Introduction (e.g. your business/company, products, etc.)

2.     Contract of Sales:

2.1            Key contract terms as required (in any format you are comfortable with).

2.2            A discussion on complexities and/or challenges in fulfilling your business’s responsibilities in relation to the contract terms outlined

2.3            Recommendations to overcome the challenges.

In this assessment, you should ensure that you draw upon at least 10 readings from the academic literature; a minimum of 5 of these readings must be peer-reviewed academic journal articles in the last five years. 

Abstract or Executive Summary, Table of Contents, Conclusion are not needed in this assessment because these elements of a report will be asked in Assessment 3 where a complete report is targeted. The word limit is 1,200 words, excluding text in tables, appendices and bibliography.

You should look at the Marking Rubric to understand the criteria that will be used to assess your work. For questions and discussions about any aspect of this assessment, you should go to the relevant Q&A Forum and post there.