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Advantages and disadvantages of exporting

Assignment Help Business Economics
Reference no: EM133082209

A. Differentiation. Distinct the following pair of words with one another. 

  1. Exporting to Global Sourcing
  2. Outsourcing to Offshoring
  3. Proforma Invoice to Commercial Invoice
  4. Foreign Distributor to Manufacturer's Representative
  5. Direct Export to Indirect Export

b. Cite at least 3 examples of companies or business (local or international) adapting or engaging the following concept. 

 

 

Source:

Exporting Mgt. Company 

1.

 

 

2.

 

 

3.

 

Global Sourcing

1.

 

 

2.

 

 

3.

 

Offshoring

1.

 

 

2.

 

 

3.

 

Trade Associations

1.

 

 

2.

 

 

3.

 

Freight Forwarder

1.

 

 

2.

 

 

3.

 

C. follow-up question given the scenario below.

"Moose & Walrus (M&W) is a manufacturer of a popular line of clothing for young people. M&W is firmly established in its home market, which is relatively saturated and has little prospects for future sales growth. Top management has decided to export M&W's clothing line to Japan, Turkey, and various European countries. Suppose M&W hires you to assist with internationalization.

Source: Cavusgil, S.T., Knight, G., & Riesenberger, J. (2017). Intenational business: the new realities.

Questions: Prepare briefing for senior a manager that describes:

  1. The advantages and disadvantages of exporting.
  2. A systematic approach to exporting.
  3. A systematic approach to managing exportimport transactions.

Reference no: EM133082209

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