Product:Wooden Bats

Country importing:South Korea

Exporting Country:Canada

Question 1. Identify 1 bond or guarantee that you will be using for your business. You are expected to explain what the product you have chosen is about and why you think it is the best choice for your business. Include in what situations would you use one compared to the other. (eg. Performance Bond, Bid Bond, Advance Payment & Progress Payment Guarantee or Warrant & Retention (Holdback) Guarantee)?

Question: 2 You are expected to explain what the cash flow strategies are about and why you think they are the best choice for your business. Include in what situations would you use one compared to the other. (example Inventory Financing, Export (Logistics) Financing, Equipment Financing, Foreign Direct Investment Financing, Line of Credit, Supplier Credit or Buyer Credit)?