Submitted by: Submitted by kailash78
Views: 178
Words: 3904
Pages: 16
Category: World History
Date Submitted: 04/21/2013 06:19 AM
INDEX
INTRODUCTION
DISTRIBUTION CHANNEL
TYPES OF FOREIGN INTERMEDIARIES
FOREIGN INTERMEDIARIES IN TRADE AND DISTRIBUTION
FOREIGN INTERMEDIARIES IN FINANCIAL SECTOR
FOREIGN INTERMEDIARIES IN OTHER SECTOR
PROJECT COMPLIED BY:
REEMA BANGERA 05
KAILASH CHUGH 12
RICHA JAIN 21
POOJA NAROLIWALLA 36
FAISAL SIDDIQUI 54
INTRODUCTION
An intermediary is a third party that offers intermediation services between two trading parties. The intermediary acts as a conduit for goods or services offered by a supplier to a consumer. Typically the intermediary offers some added value to the transaction that may not be possible by direct trading.
Intermediaries usually specialize in specific areas, and serve as a conduit for market and other types of information. Also called a middleman. Intermediaries are generally required to register with the Commission and, depending on the nature of their activities, may be subject to various financial, disclosure, reporting, and recordkeeping requirements.
Companies must decide how they will distribute their products. Will they sell directly to customers or will they sell through an intermediary who helps move products from their original source to the end user in some other country.
Common usage includes the insurance and financial services industry where mortgage brokers, insurance broker, and financial advisers offer intermediation services in the supply of financial products such as mortgage loans, insurance, and investment products.
Types of Foreign Intermediaries
A brief account of the important foreign intermediaries in different sector is given below:
TRADE AND DISTRIBUTION
* Countries cannot live in isolation. They have to mutually share their prosperity, technical know-how and undertake trade in order to sell their surplus products. The world economy is inter-dependent. Economic progress of a nation would depend upon its ties with other countries.
* Countries maintain trade...