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Essay / Cadbury Case Study - 1471
Conditions of Contract on Pricing MethodCIF (Cost, Insurance and Freight) Cadbury NZ pays the costs and freight to bring the goods to the named port of destination. Cadbury NZ is obliged under the CFR, marine insurance against the buyer's risk of losing or damaging the goods during courier. Cadbury NZ arranges the insurance and pays the insurance premium.C. Cash management process. Procurement of materials Exquisite raw material from Cadbury NZ from Ghana, Africa and marketing its products to USA and Australia through Federal Bank Transfer, Wire Transfer and Invoice Discount.ii. Resource Payment All resources needed to support sales, labor, overhead, marketing, etc. are borne by Cadbury NZ until money is collected via the appropriate payment method for sales made.iii. Sale of stocks or servicesCadbury NZ markets its sales very frequently supported by the policy of extending credit limit to customers. The customer accounts schedule is set by mutual negotiation. Where collection is the main objective of cash management.iv. Receipt CollectionThe customer provides funds for the merchandise, which further constitutes the funds inflow cycle for the transaction through an appropriate payment method.