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Subject :- International Business
Exporting remains a challenge for many firms. Many options exist including exporting, importing and countertrade. Organizations wishing to export must identify foreign market opportunities, avoid a host of unanticipated problems that are often associated with doing business in a foreign market, familiarize itself with the mechanics of export and import financing, learn where it can get financing and export credit insurance, and learn how it should deal with foreign exchange risk.
Objective :- Understand and discuss options for exporting though a hypothetical advisor position.
What to Do:
Read
You are the assistant to the CEO of a small technology firm that manufactures quality, premium priced, stylish clothing. The CEO has decided to see what the opportunities are for exporting and has asked for the advice as to the steps the company should take.
Answer the following question.
1. What advice would you give the CEO?
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