Professional Documents
Culture Documents
ACKNOWLEDGEMENTS
Acknowledgements are to almighty Allah, who bestowed me rationality to
perform every thing right. Special praises for the Holy Profit Muhammad
(Peace Be Upon Him), Who guide us to the way of truth and success.
I especially acknowledge these efforts to the persons who facilitated during the
whole session.
Mr. Muhammad Ummar Mukhtar
Snr. Marketing Manager of Mk. Sons.
Mr. Mian Azhar Ata.
Assistant Marketing Manager of Mk.sons.
I got benefited from all the persons who met me during session and I am really
thankful to all those people and their efforts for
OUR PHILOSOPHY
In this world of growing competition and modern emphasis on quality
assurance, all steps that we take and everything we do, is done with only one
thing in mind:
To produce Quality Goods at the Lowest possible cost.
Our policy is never to compromise on quality. We have very open and friendly
relations with our clients. All required information is passed to them very
sincerely and on time.
We believe that only by providing the Customers with the Services and
Products specified at the requested time, and in the stated manner, then only
we can claim to be a Quality Conscious Company, and expect the Customer's
continued patronage. Therefore we as a company must at all times ensure that
we all participate in producing our products in accordance with the customer's
requirements.
finished form. This range includes bleached, printed, dyed stuff. All the stuff is
made according to the specifications of the clients.
.We export Grey, Dyed, Printed fabrics, sheeting and its made-ups like duvet
covers, bed linen, pillow covers, pillow ticks, kitchen linen, curtains and sofa
covers.
Mk.Sons.(Pvt) Ltd has earned a value for itself in its sphere of operation i.e.
Exports of house hold textiles. In this age of ever changing life styles, fueled
by fast development of technology, consumers are moving from better to best.
We offer innovative products which are of high quality, according to the
current styles & fashions in accordance with likings of the new generation at a
price affordable to the majority & yet it retains traditional values all kind of
customers.
As an export organization based in Faisalabad, Pakistan, We are in excellent
position to produce and procure a wide range of quality goods at extremely
competitive prices. With our own manufacturing network, largely connected to
other small units, we are in a position to cater to the varying demands of our
foreign clients.
By working hard and with fair business, the firm has a very good repute in
international market. Even those Consumers are demanding our products. For
worldwide recognition and customers satisfaction, we are also preparing to
fulfill the requirements of ISO 9001:2000 and OEKO-TEX 100.Our firm is a
member of The Chamber of Commerce and Industry, Faisalabad and Export
Promotion Bureau of Pakistan also prefer our firm to contact foreign buyers.
In year 2000, Mr. Javed Akhtar (Chief Exec.) of the company was
named by the Government of Pakistan as the youngest SELF
MADE textile industrialist of the country.
From year 2000 onward our growth rate of 25% per annum
enabled us to get EXPORT MERIT TROPHY in year 2003 which
was received by the Chief Executive from the Prime Minister of
Pakistan.
Here is the Brief detail of the company and its working partner institute.
Company Name: MK.Sons.(Pvt.) Ltd.
Address: 2-Km Jaranwala Road ,Khurrianwala, Faisalabad. Pakistan
Tel:
0092
41
4363761-64
(4
Lines),
4360501,
4360491
Web Site.www.mksons.com
Year of Establishment of Company: 1987
BANKERS
Mk.Sons. Textile currently the Business of the foreign currency and Pak
currency to the following Banks.
Askari Bank of Pakistan
BankAl-phalah Limited
Citi Bank Limited
Habibl Bank Limited
The Faysal Bank Limited
AUDITORS
There are two type of auditors in the Mk.sons.Limited.
Internal Auditors.]
Mr. Naeem Hadeer.
Audit Manager
External Auditor.
Chartered Accountants is the Auditor of Mk.Sons.Textile (Pvt) Ltd for the year
of 2006 to 2007.
STATEMENT
PRACTICES
OF
ETHICS
AND
BUSINESS
Core values
Business Culture
Responsibilities
Core Values
All Managers and employees are expected to practice the following core
values
Loyalty
Demonstrate loyalty towards the company the customers and all stakeholders
Integrity
Conduct of affair in an upright manner at all times including avoidance of any
type of conflict of interest.
Honesty
Honesty in dealing with persons within the organization and outside.
Business
Social Aspects
C h ie f
E x e c u t iv e
D ir e c t o r
Q u a lit y
M anagem ent
S y s te m
In t e r n a l
A u d it in g
M a r k e t in g
PPC
F in a n c e
P u rc h a s e
S to re s
M IS
W e a v in g
P r o c e s s in g
S t it c h in g
A d m in
M anager Q M S
A u d it
M anager
G .M
M a r k e t in g
PPC M anager
G .M F in a n c e
P u rc h a s e
M anager
S to re
M anager
M IS M a n a g e r
G .M W e a v in g
G .M
P r o c e s s in g
G .M S t it c h in g
A d m in
M anager
D y. M anager
QMS
D y. M anager
A u d it
M a r k e t in g
E x p o rts
D y. M anager
PPC
A c c o u n ts
C o m m e r c ia l
S o ftw a re
D e v e lo p m e n t
S iz in g
B le a c h in g
P r in t in g
C u t t in g
A d m in
F in a n c e
Im p o r t s
H a rd w a re &
N e t w o r k in g
D e v e lo p m e n t
W e a v in g
F in is h in g
F o ld in g
S t it c h in g
S e c u r it y
M a in t e n a n c e
D y e in g
L a b o ra to ry
P a c k in g
Labor
M ill G o d o w n
M a in t e n a n c e
S a le s T a x
10
11
PRODUCTS OF MK.SONS.
MK Sons can source for you the best quality fabric, home textiles, kitchen
accessories and institutional/occupational products in a range of blends and
compositions. Various kinds of fabric, made of 100% Cotton, Flannel, Percale,
Polyester and Polyester/Cotton blends are produced.
We offer a vast range of products, which speaks expressively for its quality.
From the glorious designing traditions to the soft, bright touch of spring, we
cater to the ever - changing vogue. These products are made to your exact
specifications and composition at modern factories. This expressive range
includes:
FABRIC
We have diverse experience in bleaching, dyeing and printing of fabric
including:
100% Cotton
Polyester/Cotton
Flannel
Percale
Dobby
Jacquard
Duck
Slub Duck
Cotton Satin
HOME TEXTILES
Sheet Sets
Bed Covers
Bed Skirts
Bed Ruffles
Bed Spreads
Quilt Cover Sets
Rod Valences
Comforters
Curtains + Tier/Swag & Tier/Valence sets.
Pillow Shams
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Pillow Ticking
Floor Cushion
KITCHEN ACCESSORIE
Apron
Oven Gloves
Pot Holder/Mats
Table Covers All Types
INSTITUTIONAL / OCCUPATIONAL
Flat Sheets
Draw Sheets
Patient Gowns
Aprons for different uses
Napkins
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WEAVING
Weaving Profile
The weaving units of Mk.Sons.Textile (Pvt.) Ltd comprise of 800 Toyoda
Auto and Shuttle less Looms, which are producing approximately 18 Millions
meters of Grey Fabric per year. Our name is synonymous with quality, service
and competitiveness. Our weaving unit is catering the needs of the local as
well as foreign market. We are exporting the best quality fabric to Fareast,
Europe and to U.S.A.
Being a customer-oriented company with an ideology to have long-lasting
relationship with our customers, we have trained a team of professionals to
manage our entire range of fabric assuring high degree of quality, timely
shipment of consignments and entertaining customer inquiries promptly. We
meet our goals by helping our customers and meet their requirement.
Having both units, spinning and weaving, within the same premises has given
us competitive advantage over our competitors. It ensures steady and
consistent supply of quality raw material. Moreover, it reduces the time
between order placement and starting production resulting in quick and on
time delivery.
The manufacturing units use state-of-the-art looms and latest weaving
techniques to achieve consistency and excellent quality in the fabrics.
The Weaving Unit has 70 Sulzer including 24 Dobby Looms, which produces
Greige fabric for sheeting, home furnishing and institutional garments.
We weave
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Plain
Stripe
Satin
Reverse Satin
Dobby Checks
Herring Bone
Diamond
Bird Eye
Depending on the orders and demand of the customers, a buffer Grey Fabric
stock is maintained to cater to quick delivery requirements of our valued
clients.
In-house Warping & sizing to ensure better and consistence fabric quality from
quality.
W
a
r
p
i
n
g
Made
Max. Creel Capacity
CE-model 2002
Benninger Germany
1080 (V-Shape)
Model
Made
Max. Creel Capacity
NZB 1000
Germany 1993
700 (V-Shape)
S
i
z
i
n
g
Made
Germany 2002
Sucker Muller
Model
Made
WN10
Germany 1993
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Reactive Printing
Disperse Printing
Pigment Printing
Disperse/Reactive Dyeing
Disperse/Vat Dyeing
Specialized finishes for woven fabric including Anti bacterial and soil
release etc.
Technology :
Goller
- Wet Processing
BACK PROCES:
Singing- OSTHOFF
Continous open width Bleaching-GOLLER Germany
Working width 320 cm
Mercerizing-GOLLER Germany
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CONTINIOUS DYEING
It consist of two processes
Pad Stram
The name of this machine is GOLLER and made by Germany
Its working width is 320 cm.
Thermosole dying
The name of this machine is MONFORTS and made by Germany.
Its working width is 320 cm
State of the Dyeing is possible in Pigment, Reactive & vat for 100%
Cotton,Disperse and Vat for Polycotton & Reactive dyes. Besides finishes,
various other treatments such as stain release, water repellent, fire retardant
and crease recovery are possible.
PRINTING
Rrinting range : Pigment & Reactive
Mk.Sons.Textiles Mills Ltd is renowned for the fine printing in this pail of the
world and perhaps the only company that can print with such diversity using
pigment, reactive, VAT print techniques in: 15 colors up to 320 cm width -- 16
colors up to 280 cm width
FINISHING
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SANFORIZING
SANFORIZING mean that to control shrinkages in the fabric .
In the Mk.Sons (Pvt) Limited equipped the machine MONFORTS By
Germany
Having working width 320 cm
Total Printing , Dyeing & Finishing capacity:
45 million / years
DESIGN STUDIO:
Mk.Sons.Textiles Mills Ltd has very developed design department. The
designers stay in touch with global trends and as a result, our designs depicts
a blend of contemporary and traditional pattern. Our team of designers,
colorists and stylists create designs for both mass and customized products
that serve as benchmark of quality in the textile industry and provide our
clients with valuable support services and design collections
Fully computerized set up assuring precious added-up with the skill &
imagination having following facilites.
Wax jet engraving.
Ink jet engraving
Cad Scanners
Drum plotter
Reproduction camera
Step & repeat
Contact camera.
Film processor & developer
Laboratory
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19
20
STITCHING
Today Mk.Sons. Stitching capacity
280 Stitching Machine
Operating one of the finest cut and sew facility in the industry requires
perfection of skills, superb hands-on management and ultra dedication which
can only come with a passion for quality and timely performance. Our
dedicated units for bedding, quilting, curtains and table linen satisfy the most
discerning customer demands for perfection and performance.
Mk.Sons started in 1995 on small scale &today we have 63,000 SQ. FT
covered area for various cut & sew function s having 280 machines including
special function machine also. The plan is to do double this capacity during
2007
Quilting / Wadding
We have started quilting & wadding manufacturing facilities in-house with a
capacity to produce 2500 KGS Of Polyester wadding per day sufficient
enough to produce to ship from our factory about 2x40 FCL load of BIAB
per day.
21
lot of fabric is cut, 100% cut parts inspection is conducted to ensure that only
good quality pieces move to the stitching units.
During the process of sewing, each and every process is inspected by inline
inspectors. The inspectors make sure that only good parts move to the next
stage. An individual pieces of fabrics is checked for maintained the quality.
After trimming and pressing of the pieces, highly experienced final inspectors
inspect each piece. The Quality assurance team monitors the performance of
every individual inspector by picking up the inspected pieces and checking the
quality of these pieces.
To ensure that the made-ups are packed as per the requirements of our valued
customers. With the help of this, we plan to achieve the Zero Defect Level.
Mk.Sons. has documented a quality manual that states the quality management
system of the organization. Management establishes a documented quality
plan setting out the specific quality practice, resources required and the
sequence of activities relevant to particular product.
Calibration:
DEPARTMENTS IN MK.SONS.
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Marketing
MK.SONS.Textile mills deals with business to business marketing so to
get the customers for orders arranges its exhibits in the world wide
international exhibitions to make aware importers about its state of the art
products. In this way Mk.sons. Fill its quest of marketing to run the
business smoothly. It has been described first that MK.Sons has
extravagant customers which are up-to-the-minute worldwide for their
name in quality like JC Penny , CHF,KOHLs and Bedeck etc.
Merchandising
Merchandising department is established in the Made ups where the
eligible and dedicated staff is sitting to fill the requirements of the
customers. First of all merchandisers of other businesses who are sitting in
foreign countries, contact to the Mk. Sons merchandisers to get the
information about products. Merchandisers have the information about
each and every step of the item. The contacts are associated
through E-mails, telephones and also on visits of the foreigners. In First step
customer gives the views about ones requirements in the next step
merchandiser offer some of the samples which is called development samples
and also counter samples which may already have been made for other ones.
Then importers make sales projections by marketing tests and order is sent to
23
24
Communicatio
n of
requirements
Customer
222
Sampling
PO &
pricing
Mk.Sons
Merchandising
Deptt
2
3
4
Observation
Shipmen
t
5
Packing & Audit
CHAPTER NO
Prepared By Shahroz Abid
Productio
n
PPC
Dept
25
EXPORT
PROCESS
Country profile
26
Customer profile
Competitive profile
Traveling
Traveling is part of exports process. Several visits might be required before a
contract is signed. It is highly beneficial to experience the market first-hand,
and meet your partners, contacts or potential customers personally. In
traveling to foreign countries for exports some points has been considered
which is given below:
Business travel
Culture and business practices
Trade fairs and missions
Resource planning
Product suitability
Export regulations
27
accessibility, your comfort level with the exporting process and the
combination of your available resources, knowledge and expertise, will
determine which market entry strategy is best for you.
Channel Options
Trading house
Distributor
Agent
Partnership
Joint Venture
Road
Rail
Marine
Air
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negotiate a price and make sure to discuss routing, timing, packing, insurance,
special requirements such as refrigeration and the ability to trace the shipment.
Packing & Marking
Pay special attention to packing and marking. Adequate packing will ensure
the safety of the goods and can lower insurance rates. Proper marking will
avoid delays and make identification easier when loading, unloading, clearing
customs, routing and delivering. Make sure to meet requirements of all the
countries the shipment will be traveling through.
DOCUMENTATION
Proper documentation is crucial and must be in order for shipping, carriage,
tracking, customs clearance, delivery and receipt to take place. Most
importantly, a complete and accurate set of documents is needed for collecting
payment. Depending on the nature of the product, the transaction and
destination, different combinations of documents will be required. Some
documents are needed to complete the commercial transaction and others to
fulfill government requirements. Be informed, before the transaction takes
place, of all the documents that will be necessary. Plan which ones will be
needed, in how many copies, who issues them, where each copy must be sent,
who is responsible for doing so and at what time.
Freight Forwarders
Freight forwarders are companies that specialize in every aspect of shipping
from packing and marking, insurance and documentation, to shipping and
tracking. For the new exporter, it is a great way to learn the process while
making sure that all the details are taken care of by an expert. For small- and
medium-sized companies who do not have the international shipping volume
that warrants having an in-house export branch, it also makes sense to use
external expertise.
Securing the Payments
Now that you have completed researching, planning and strategizing and that
you have assessed the feasibility of selling your product in a specific foreign
market, through a certain channel and at a price that is both competitive and
profitable, you are ready to enter into a transaction.
29
Methods of Payment
There are four main methods of payment. Payment in advance which is a
difficult term to obtain in international trade, especially with a new buyer. The
importer bears the maximum risk. Collections involve bills of exchange or
drafts as they are commonly referred to. They are an unconditional order in
writing to pay on demand (sight draft) or at a determined time in the future
(term draft). The exporter retains title to the goods until the collection, either
of the payment or the bill of exchange. Either way, there is a risk that the
buyer defaults on the payment. In the case of a sight draft, the goods, having
arrived in the foreign market, would have to be shipped back by the exporter,
bearing all the costs. In the case of a term draft, the title to the goods would
have passed to the buyer at the time of delivery. Collections can therefore be
risky. Selling on open account is very risky for the exporter and not
recommended, unless the seller has developed a long-term trusting
relationship with the buyer. Letters of credit (L/Cs) offer the most security for
the exporter and importer alike.
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31
SWOT ANALYSIS
32
SWOT ANALYSIS
Management of Mk.Sons.Textile Mills Limited always review the mission and
goals then they can do the internal and external environment analysis to
identify elements that influence the organization performance. To determine
such elements SWOT analysis is conducted. SWOT analysis is the method
that helps manager identifies the organizational strength, weaknesses,
opportunities and threats.
STRENGTH
Mk. Sons.Textile Mills (Pvt.) Ltd. is growing organization in the Pakistan. It
has the great strength, which can be explain under following headings:
Capital
Human resource
Quality
Market share
CAPITAL
Capital can be a great strength for any organization. In the availability of
capital any new business operation can be start easily. So it is considering one
of great strength for the Mk.Sons.Textile Mills Limited
HUMAN RESOURCE
Human resource is also most important strength for some organizations. In
Mk.sons. Textile Mills Limited highly qualified staff is the strength of the
organization. Mk.Sons. Textile Mills Limited offer good salary package &
incentives thats why intelligent & qualified staff is hire by this group.
QUALITY
Quality is the main point for the customer. Mk.Sons. Textile Mills Limited has
the supreme quality in curtains, bed sheets, pillow covers, and quilt covers.
Quality generates the customer loyalty thats why quality is strength for the
Mk.Sons.Textile Mills Limited.
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MARKET SHARE
In the export industry of Faisalabad, Mk.Sons.Textile (Pvt.) Ltd has good
market share as for as foreign market is concerned. The customer wants to buy
product from reliable source. Market share is considered to be on of major
strength of mk.Sons. Textile Mills Limited. Mk.Sons. Textile Mills (Pvt.) Ltd.
having market share in Europe, Far East, America , Canada. United Kingdom
(U.K) South Africa East Asia.
WEAKNESSES
Mk.Sons. Textile Mills (Pvt.) Ltd. having weaknesses in fulfilling demand of
foreign buyers due to shortage of capital. Basic reason for is that, there is huge
market lied in Europe, Far East, America, Latin America; so it is impossible to
capture all the market with too few capital which is the core issue in the
growing organization like Mk.Sons. Textile Mills Limited. However I found
some weaknesses that is mention below:
DEMAND FULFILLMENT
The weakness I found is that Mk.Sons. Textile Mills (Pvt.) Ltd. cannot be
fulfills the demand of the customers. However, Mk.sons. Textiles provide
goods in Europe,USA. They can fulfill the demand of their buyers by
establishing more units and providing highly qualitative goods that can be
very much beneficial for them.
OPPORTUNITIES
Business is the game to take advantage from the opportunities. Mk.Sons.
Textile Mills (Pvt.) Ltd. also takes advantage from the opportunities. These
opportunities are in the following:
Export
Other Business Operation
WTO
34
Export
It provides all of its production to the international market. There is an
opportunity to export bed sheets, quilt covers, curtains to other countries and
get high revenues.
WTO
WTO is also been going to applied almost all over the world. The impact of its
application would be very positive and open new markets for exports. It has
been great chances for textiles sector to get the benefits of it. Mk.Sons. Textile
Mills Limited should avail this opportunity to enhance its operation in
different regions around the globe.
THREATS
Threats are also consist of following factors, which are given below:
Competitors
Taxation
Govt. agencies
Raw material supply
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LEARNING
INTERNEE
AS
AN
36
Duties
In Mk.Sons. Textile Mills (Pvt.) Ltd.; the internee has to done the internship in
export department. It is the principle that they have to do their internship in
export department. The purpose is that internee has to get the maximum
knowledge about export process.
I have done my internship in the export department of Mk.Sons.Textile Mills
Limited, where I perform the number of duties, which are, describe under
these headings
Yarn rates
Exchange rates
Production report
E-form
Certificate of Origin
Bill of Lading
Sampling process
Daily dispatches
Report Generation
My important duty is to gain complete knowledge about report. The things
which have to understand are;
37
Technical Terminologies
There are number of terminologies are used by the professional of this field.
To understand the work and dealing with customer, it is important to learn
these terminologies. So it is my duty to complete command to these technical
terminologies.
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Preparation of Sample
The order from importer is come to the exporter that is in the form of sample.
The sample is sent by the buyer for the specification of goods which is
demanded by him. The sampling process is considered to be the most
important and crucial process as for as export is concerned.
The duty which was given me to check the samples and their proper
maintenance to be done in sample department
.
39
Accomplishments
As the duties are assign to me and I properly done the duties how I accomplish
my duties and how they evaluate the performance of internee. The details of
my accomplishments are as under;
Data Maintaining
The duty is assign to me is to maintain the data. In this process I have done the
work in computers, by hand, where it is store and all other things about the
maintenance of data. The filing of important documents is part of my job.
Report Generation
I also review the process of report generation. In my accomplishment it is also
included to see the report generation process. In the process I review the
following things:
Yarn rates
Exchange rates (Dollar rates)
Production report
E-form
Certificate of Origin
Bill of Lading
Sampling process
Daily dispatches
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I got the process know how of the export department. Its my accomplishment
to review and learn about the system, how it works. I did all the checking of
documents necessary for exports.
Cross Check
When an internee generates dispatch orders? It is cross check usually by the
trainee officer or any senior person working in the department. In this cross
check they check your work is it right or not.
Performance Evaluation
During internship, performance evaluation is being made by the department.
They see the following points during performance evaluation:
What is Exports?
What is Yarn?
Documentation & report generation
Customer interaction
Technical terminologies
Planning & forecasting
Budgeting
Targeting & positioning
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What is Export?
First of all I got knowledge what is Exports? The whole process of export in
which necessary document are being used.
Customer Interaction
Customer dealing and interaction is very important step in the export
department. However, I dont have allowed to directly dealing with clients; but
they told the procedure and ways of communication. Export department
interact with customers by the following ways:
Tele marketing
E-mail
Fax
By online services
Technical Terminologies
In the export, there are number of terminologies which are being used. These
terminologies are known by those persons, which are doing yarn business. So,
I also learn some of these technical terminologies. Some of them are;
B/L
COO
CIA
E-form
DO
CAD
FOB
FI
FO
L/C
JARGONS
(Bill of Lading)
(Certificate of Origin)
(Cash In Advance)
(Export Form)
(dispatch order)
(Cash against Documents)
(Free On Board)
(Free In)
(Free Out)
(Letter of Credit)
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S/D
D/A
D/P
(Sight Draft)
(Document Against)
(Document Payment)
Sharing information
Holding point
Technical terminologies
Directly interaction
Sharing Information
In Mk.Sons. Textile Mills (Pvt.) Ltd. internee dont allow to attend any type of
meeting among top level management. Because, internee has to go after some
months after the completion of his internship and they dont want to share
their companys secret information regarding secret of export with him. So due
to this, internee miss the great opportunity that how planning, forecasting and
matters are discussed and problems are settled down.
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Holding Point
In my internship the problem of holding points also to face. Holding point
means that some secrets and real points by which they made contacts with
customers and compete with competitors. So, the secrecy of these points
creates problems in my learning process.
Technical Terminologies
Export field is very broad in nature, which cannot understand within some
months internship. There is lot of difficult and complex terminologies are
used which require a long time period for learning. So, this thing also create
problem for me during my internship.
Direct Interaction
During my internship they dont allow me to directly interact with foreign
clients because they consider that internee have not proper knowledge about
how to deal with these clients. So, due to this reason I miss the opportunity to
learn many things, which comes by practical work.
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Develop confidence
Provide help to make a good career
It is my passion to do the business of import and export
Two month help me to become a importer/exporter
No fear of problem
Be prepare for occasionally problem
Better chances to grow