Question

Identify as much different paperwork required and as many obstacles that need to be addressed when a firm choses to export from one country (your choice) to another country (your choice).

Answer 1

Exporting is the process through which the products and services of an organization is exported to the clients or customers to the other countries. This is considered to be an effective method of international business with less risk compared to others.

This approach of internationalization is associated with some paper works and obstacles which have to be determined and eliminated in order to achieve success. An analysis is performed considering an example.

Organization ABC is an automobile part manufacturer which exports its products to a host markets. The paper work required for this process is the research process. The management has to perform both the primary and secondary research on the market and the customers of the target market for performing exporting business. This paper work is relevant for forecasting the success of the business and also for the purpose of the risk analysis.

The obstacles which can be identified while performing the exporting business are mentioned below.

• Inflation
• changes in the economic status of the target market
• Changes in the customer demand
• Changes in the political situation