-increase the sales and profits of company,
-enables company to benchmark with
their competatiors and know their strategies and what they have done to
increase their market shere globally,
-reduceds the risk of market
fluctuation by depending on many markets,
-diminishes firm and
countries’competitive advantage by gaining new technologies,
-support countries ‘balance’ of trades.
export
process:-
-identify countries
-identify buyers
-send sample /offers
-engage buyers
-meet specification
-ask for order
what buyer
wants?
-fair price
-honor fundamental of agreement
-value added or branded or specified
product
-quality proucts & consistency in
quality
-on time shipment
-longtime
business relationship
-trust is
the threads which connect all people !
international
instituation:-
-icc(int. chamber of commerce )
-international monetory fund
-world bank
-world trade organization
-itc (international trade center)
-wipo(world intellectual properties
organization )
national
instituation of –gorv:-
-ministry of commerce and industry
-directorate gernal of foreign trade
-center board of excises customs
-rbi
-exim bank
-national center of products & design
development
trade
institution:-
-cii
-ficci
-chambers of
commerce
-fieo
-epcs
-commodities
boards
various
rules & acts:-
-foreign trade
-ftp
-fema
-the center excise act 1944
-the customs act 1962
-the customs traff act, 1975
-the custom,center excise duties and services
tax drawback rules.2006
carrer
opportunities:-
- the following are the area where students
get employement:
-excutives in documentation,
-custom house agents,
-shipping executive,
-port executive,
-all thpe of manufacturing concern,
-exlm consultancy, etc.
challenge:-
-a key challenge exporters face is the
scarcity of reliable trade intelligence on markets.
-exporter need to say abreast of
-competitive condition in their current
markets,
-scan opportunities for new or emerging
markets.
-look for opportunities to diversify or value
–add to your existing product range.
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