Cltd terms Study guides, Class notes & Summaries

CLTD Terms Questions with complete solution 2024/2025 CLTD Terms - Module 1 - 5 benchmarking - correct answer Comparing products, processes, and services to another organization thought to have superior performance. The benchmark target may or may not be a competitor or even in the same industry. There are 7 common forms: competitive, financial, functional, performance, process, product, strategic. Assembled-to-Order (ATO) - correct answer A production environment where a good or serv...

CLTD Question and answers 100% correct 2024/2025 Pro Forma Invoice - correct answer A quote provided by a seller/exporter prior to the delivery of products or services, informing the buyer/importer of the price. This document is submitted to customs for valuation purposes. IncoTerms - correct answer A set of rules established by the International Chamber of Commerce that provides internationally recognized rules for interpretation of the most commonly used trade terms in foreign trade a...