Question: PLEASE ANSWER QUESTION 4 A 4. A friend is negotiating with a steel rod supplier in Japan to import 1,000kg of steel rods every month,

PLEASE ANSWER QUESTION 4 A

PLEASE ANSWER QUESTION 4 A 4. A friend is

4. A friend is negotiating with a steel rod supplier in Japan to import 1,000kg of steel rods every month, at Ex Works INCOTERMS. He has approached you for your procurement professional advise, pertaining to his negotiation. (a) Suggest an appropriate mode of transport to import the steel rods. Justify your recommendation. [10 marks] (b) Explain THREE (3) benefits for the buyer when purchasing with Ex Works" INCOTERMS. [15 marks]

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