Chapter 16

Apuntes

Chapter 16 Exporting, Importing, and Countertrade Learning Objectives LO 16-1 Explain the promises and risks associated with exporting. LO 16-2 Identify the steps that managers can take to improve their firm’s export performance. LO 16-3 Recognize the basic steps involved in export financing. LO 16-4 Identify information sources and government programs that exist to help exporters. LO 16-5 Describe how countertrade can be used to facilitate exporting. Introduction Exporting ➢ More than 90 percent of all companies engaged in the global marketplace export • Low commitment • Preferred by many small and medium-sized enterprises • Increased volume of exporting is facilitated by: • A decline in trade barriers and increase in regional economic agreements • Advances in technology and communication ➢ But the prospect of exporting is intimidating for some firms Figure 16.1 Product readiness and company readiness to export or import Jump to long description in appendix Source: Adapted from Hult, T., Closs, D. and Frayer, D., Global Supply Chain Management: Leveraging Processes, Measurements, and Tools for Strategic Corporate Advantage, New York: McGraw-Hill, 2014. The Promise and Pitfalls of ...