Hello all,
In this post, we're going to make a quick introduction about the export, some intro and some tips.
WHAT IS EXPORT?
In a nutshell, exporting is the process of selling product(s) or services in foreign markets.
WHY EXPORT:
Foreign markets impose strong discipline on firms which encourage competition and efficiency of operations. Individuals/firms/companies of a nation engage in export trade in order to achieve the following objectives among others:
- To earn foreign exchange;
- To increase profitlevels;
- To expand an existingbusiness;
- To gain access to bigger more profitablemarkets
- To tap vast exportpotentials;
- To reap economies of large scaleproduction;
- To exploit opportunities of newmarket;
- To support government export promotion andpolicies;
- To finance economic activities of thenation;
- To even-out cyclicalfluctuations;
- Gain internationalesteem;
In the next articles, you will find more helpful tips.
