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Unformatted text preview: Brendan ONeal MAN 6601 DN01-9 Why Export There are many reasons that organizations should consider exporting. There are added complexities to an organization that decides to export their goods; the reasons are plenty, to include increasing sales, profits, to acquire resources, to increase supply sources, increase labor sources and lower the cost of labor, and to better the bottom line of the organization. There is substantial and unavoidable risk when an organization begins to delve into the exportation of their product; more resources are required; exportation also requires a great understanding of the supply chain, a great understanding of the labor market, the resources available, and local laws, where the product is going and where it is being manufactured. There are challenges and common mistakes that the international business world has seen that are made by exporters; these too must be avoided in order to achieve a healthy return on the organizations investment into exportation. An organization may have to begin to export to increase sales. Domestic sales run cyclically and there may be a lag in income in the domestic market, thus supplementing the organizations income with...
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This note was uploaded on 01/30/2011 for the course MAN 6601 taught by Professor Kest during the Spring '10 term at Hodges University.
- Spring '10