- Education, Economics, Business, Law, Languages and Linguistics, Cultural Theory, and 24 moreInternational Studies, Letter of Credit, Letter of Credit Rules, Electronic Letter of Credit, Payment methods, financing in International Trade Law, Banking and payment in international sales, UCP600 Rules, Financial Risk Management, Free trade agreements, International Customs Law, International Law, Supply Chain Management, International Security, Logistics, Technology Management, Teachers' professional development, Applied Economics, Ucp 600, The Growth of International Business, International Methods of Payment, Letter of Credit Risks, Payment Risks, Inetronal Methods of Payment, and International Tradeedit
- Qualifications: * Bachelor of Business (International Trade) with Distinction * Master of Education * Master of Busin... moreQualifications:
* Bachelor of Business (International Trade) with Distinction
* Master of Education
* Master of Business (Res) (App Eco)
* Doctor of Philosophy
* Certified Documentary Credit Specialist
Membership
* Fellow, Chartered Institute of Logistics and Transport in Australia
* Fellow, Australian Institute of Export
* Associate Fellow, Australian Marketing Institute
* Certified Practicing Marketer
* Senior Associate, Financial Services Institute of Australasia
* Fellow, Australian Chamber of International Tradeedit
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The paper discusses the introduction of new US Customs regulations that are likely to impose additional financial burdens on exporters and importers wanting to trade with the USA. The new data element requirements from the US Customs will... more
The paper discusses the introduction of new US Customs regulations that are likely to impose additional financial burdens on exporters and importers wanting to trade with the USA. The new data element requirements from the US Customs will place pressure on supply lines, ...
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This paper reports on a pilot study of Czech academics on the perception of industry placements as a form of professional development. An industry placement requires an academic to work in a host firm for a pre-determined period of time... more
This paper reports on a pilot study of Czech academics on the perception of industry placements as a form of professional development. An industry placement requires an academic to work in a host firm for a pre-determined period of time to undertake an agreed-to job role and ...
Research Interests: Marketing, Sociology, Social Work, Higher Education, Political Science, and 14 moreCzech, Australia, Communities of practice, Professional Development, Capacity Building, Interdisciplinary research (Social Sciences), Czech Republic, University, Work, Academics, Tertiary Education, Curriculum and Pedagogy, Communities of Practice, and Industry placement
The Czech Republic, a member state of the European Union, has not yet adopted the Euro, although there is some current debate about when it should proceed to do so. To explore any likely benefits to Czech exporters from the adoption of... more
The Czech Republic, a member state of the European Union, has not yet adopted the Euro, although there is some current debate about when it should proceed to do so. To explore any likely benefits to Czech exporters from the adoption of the Euro, a pilot study on the choice of invoice and purchase currency was conducted with Czech exporters, largely SMEs, during 2013. Data was gathered by means of a survey questionnaire. This paper analyses the various currencies used by Czech exporters and their relationship to enterprise size and age as well as industry sector. The results are a useful adjunct in the discussion on the future adoption of the Euro by the Czech Republic. The results confirm a large degree of openness of the Czech economy in respect of the Euro. The Czech Republic currently exports 73% of its production, with 63% of this destined for the Eurozone, consequently it is concluded that Czech exporters would benefit by adopting the Euro, as under these circumstances, foreign exchange risk should be mitigated, leading to greater international pricing certainty.
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Examines one of the most fundamental principles associated with Letter of Credit (L/C) transactions, being the banks' obligation to examine documents presented by the beneficiary (exporter). L/Cs are commonly used in... more
Examines one of the most fundamental principles associated with Letter of Credit (L/C) transactions, being the banks' obligation to examine documents presented by the beneficiary (exporter). L/Cs are commonly used in international trade transactions and they rely on ...
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Research Interests: Business and Publishing
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The Victoria University is committed to upholding the rights of copyright owners. If you believe that copyright material is available on the Victoria University network in such a way that it constitutes a copyright infringement or a... more
The Victoria University is committed to upholding the rights of copyright owners. If you believe that copyright material is available on the Victoria University network in such a way that it constitutes a copyright infringement or a breach of a contract or licence, please contact us.
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Letters of Credit (LC), described as the ‘life blood of international commerce' are subject to a revised set of rules, the Uniform Customs and Practice for Documentary Credits 2007 revision (UCP 600) issued by the International... more
Letters of Credit (LC), described as the ‘life blood of international commerce' are subject to a revised set of rules, the Uniform Customs and Practice for Documentary Credits 2007 revision (UCP 600) issued by the International Chamber of Commerce (ICC), effective from 1 July 2007. LC account for an estimated USD 1 trillion of global trade annually. LC can be an effective tool in managing risks.
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This paper considers the changes introduced by the new Incoterms 2010 and discusses the likely challenges that sellers and buyers will need to address, to successfully adopt these new terms of delivery into contracts of sale.
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The liberalization of Australia’s economy began in the 1980’s when the Labor Government dismantled existing protectionist tariff barriers and allowed direct foreign competition. Changes to tariff barriers and duty rates had a profound... more
The liberalization of Australia’s economy began in the 1980’s when the Labor Government dismantled existing protectionist tariff barriers and allowed direct foreign competition. Changes to tariff barriers and duty rates had a profound impact on key service providers of international trade facilitation, such as licenced customs brokers. To operate as a customs broker, an individual has to complete a prescribed course of study and subsequently pass a national examination. This paper discusses the changes introduced to the national customs brokers course, and in particular, the development of an e-learning platform by a private education provider. The major benefits and potential pitfalls of the specifically chosen e-learning approach are outlined, together with a summary of student feedback. The paper concludes that the e-learning approach followed in this course of study provides opportunities for the development of communities of practice, and offers additional benefits to those of classroom based studies.
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Research Interests: Business, Economics, Instructional Design, Educational Technology, Distance Education, and 15 moreInstructional Technology, Computer Mediated Communication, Online Learning, Distance Learning, Duty, Business and Management, Knowledge Communities, Protectionism, Technology Enhanced Education, Tariff, Developmental Work Research, Liberalization, Instructional Engineering, Open Distance Learning, and E Learning
This paper considers the implications of the new letter of credit rules, effective from 1 July 2007: Uniform Customs and Practice for Documentary Credits, 2007 Revision,[2] (referred here as UCP 600), particularly as these relate to... more
This paper considers the implications of the new letter of credit rules, effective from 1 July 2007: Uniform Customs and Practice for Documentary Credits, 2007 Revision,[2] (referred here as UCP 600), particularly as these relate to exporters. The usage of letter of credit transactions is firstly quantified (in value), together with the development of the codification of the rules of the modern day letter of credit. The contractual obligations and the current operational mechanisms are presented next, followed by discussion on the lead up to, and the implementation of the changes brought about by the UCP 600.
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As more than ‘90% of trade transactions involve some form of credit (in particular short-term) ...trade-financing is the lifeline of trade’. Routinely, this finance is by way of short-term credit that ‘covers periods not more than 180... more
As more than ‘90% of trade transactions involve some form of credit (in particular short-term) ...trade-financing is the lifeline of trade’. Routinely, this finance is by way of short-term credit that ‘covers periods not more than 180 days’. It is commonly extended by the seller to the buyer and referred to as supplier’s credit. The extension of credit is not without risk. It is generally accepted that the management of credit risk is vital to the long term success of any firm. This is particularly so for international trade transactions, where foreign legal and regulatory systems, cultures and customs contribute to a changed business environment that may produce unexpected results. In such an environment, the issue of payment is at the core of credit risk management which is the main focus of this paper.
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This paper reports and discusses the results of an exploratory study, conducted in the Czech Republic, on the perception of the value of industry placement experieicnes for business studies disciplines academics.
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Research Interests: Business and Excellence
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Producers usually face two main problems: one is the standard product glut caused by too many products in the market, and the other is the marketing communication channels' competition to attract consumer interest to generate demand.... more
Producers usually face two main problems: one is the standard product glut caused by too many products in the market, and the other is the marketing communication channels' competition to attract consumer interest to generate demand. Under these circumstances, it is not surprising that approximately 80 percent of brands decline almost immediately after their introduction and a further 10 percent decline within the first five years. In general, only one out of ten brands has a chance of long-term survival. To increase the chances of brand survival, some companies use a cooperative approach with a number of possible alternatives. As examples, in horizontal co-operation, several shops may build a common car park to attract more customers, and in vertical co-operation, entrepreneurs from logistically challenging areas co-operate with each other by aggregating their demand though one supplier. The degree of co-operation may also extend to brand management, but this degree of sophisticated co-operation can only occur over time once a degree of trust and mutual benefit is evident. Brand cooperation is commonly used both at the vertical and horizontal levels. The aim of this paper is to consider and discuss data gathered through semi-structured interviews with indigenous small businesses in the Czech Republic on their attitudes towards cooperation at the local level. The paper concludes that there is some evidence towards brand management cooperation, but that this is limited by a number of business factors.