Foreign Intermediary

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...