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What is the difference between CIF and FOB terms?

Cost, Insurance and Freight and Free on Board are international shipping agreements used in the transportation of goods between a buyer and a seller. CIF ...

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Knowledge Base

Latest insights and tutorials from the The Global Insight team.

What does ex stock mean on a quote?

The term ex-stock refers to goods which are available immediately from a supplier’s stock-holding and, therefore, can be sent to customers with little or ...

When a customer is billed for services rendered?

Billed customers for services performed When services are performed with payment paid later, the transaction would be to increase assets (AR) and increase...

What are cross functional roles?

A cross-functional team is a group of people with different functional expertise working toward a common goal. It may include people from finance, marketi...

Is relieving letter important?

In simple words, a relieving letter is the documented proof that a person has fulfilled his responsibilities in a certain company, at a certain position, ...

How do I get a refund on Boomtown tickets?

You can request a refund by logging into your TicketSellers account, clicking on refunds and rollovers and selecting which tickets you’d like to refund. T...

What happened to the farming industry?

More than half of all farmers have lost money every year since since 2013, and lost more than $1,644 this year. Farm loan delinquencies are rising. Small ...

What was Carrefour before?

In 1999, it merged with Promodès, better known through its retail banners Continent (hypermarkets) or Champion (supermarkets), one of its major competitor...

What are the advantages and disadvantages of antivirus?

Apart from removing viruses, an antivirus software does have other major benefits….Disadvantages of Antivirus System Slowdown. No Complete Protection. Sec...

What is a closer in sales?

A sales closer finalizes a sales deal with a client. Your duties are to find prospects, follow sales leads, discuss terms with potential customers, and co...