Introduction to ExportingSyllabus of the Subject: Introduction to Exporting (Export, Import).
The objectives of the subject “Introduction to Exporting” are the following:
This will be achieved by:
Sample of the subject - Introduction to Exporting: IMPORTANT NOTE: This subject is only an introduction to imports and exports. The student will have a real vision of the foreign trade, after studying the following subjects:
Description of the Subject (Online Learning): Introduction to Exporting. Advantages of exporting: Exporting can no longer be considered as just selling products/services from one country into another. Rather, it is a: “Dynamic business whereby the export company ensures the products/services it exports to reach the customer in a condition to fully satisfy the needs of the latter in the expectation of getting repeat business.” This dynamic nature means that the company wishing to export cannot be satisfied with just passively placing its stocks or certain amounts of products in the foreign markets. Starting the export activity There are many ways a company may choose to enter the international market. Participating in an international trade fair held in one's country is a common enough starting point. At these fairs; it is the foreign visitors who come to investigate our products rather than we approach them; this is known as passive exporting. For certain firms, they may have started at the outset as international companies in the sense that their mission is to be involved in international business activities. For many others, however, they may have begun as national firms concentrating on their local markets before shifting or expanding the focus also to cover international markets. It is thus useful to investigate the stages of internationalisation. Nigeria Import/Export formalities: Foreign direct investment (FDI) (c) EENI- Business School & Hispano-African University of International Business |