 |  International Business : The Challenge of Global Competition, 8/e Donald Ball
Wendell H. McCulloch,
California State University Long Beach
Paul L. Frantz,
California State University Long Beach
Michael Geringer,
California Polytechnic State University
Michael S. Minor,
University of Texas Pan American
Export and Import Practices
Internet AssignmentsStudents: Included here are some internet/case assignments that you can use to review
or that your instructor may give as assignments. Your instructors have been
given the answers to these questions and may choose to give them out to you
or not.
This case is designed to:
- Acquaint you with export information that is available at the US Department
of Commerce's Trade Information Center website;
- Give you experience in accessing various types of information available
at the US Department of Commerce's Trade Information Center website.
Companies of all size export their products to locations around the world. For
a company that is contemplating the expansion of its operations abroad, the ins
and outs of exporting may seem daunting. If a company desires to either increase
its profits and sales, or protect its profits and sales from erosion, however,
it may find it necessary to become involved in exporting.
Depending on the its specific circumstances, a company may enhance the "bottom
line" by exporting to (1) serve markets where it either has no production
facilities or has facilities that do not produce the complete product line; (2)
satisfy a host government's requirement that the local subsidiary export; (3)
remain competitive in the home market; (4) meet actual or prospective customers'
requests for the company to export; (5) offset cyclical sales of the domestic
market; (6) achieve additional sales; (7) extend the product's life cycle; (8)
distract foreign competitors in the home market; (9) become more successful; and
(10) improve equipment utilization rates.
The US Department of Commerce provides an excellent source of export counseling
at its Trade Information Center site http://www.ita.doc.gov/TICFrameset.html
.
Case Instructions:
Go to the US Department of Commerce's Trade Information Center site, click
on "Export Resources" and answer the following questions.
- What are the main categories of information available under "Export
Currents!"?
- Click on "A Basic Guide to Exporting". What Chapters are listed
in the Table of Contents?
- In developing an export plan, what ten questions should ultimately be addressed?
- What are four approaches to exporting?
- In preparing your product for export, what are six questions to consider?
- What documentation may be required for travel abroad? How long should the
business allow for the acquisition of these documents?
|
|
2002 McGraw-Hill Higher Education