The
Definition Of

Exporting

Exporting refers to enter a foreign market by selling goods produced in the company’s home country, often with little modification. A company has many options for entering an international market, from simply exporting its products to working jointly with foreign companies to holding its own foreign-based operations. The company may passively export its surpluses from time to time, or it may make an active commitment to expand exports to a particular market. In either case, the company produces all its goods in its home country. It may or may not modify them for the export market. Exporting involves the least change in the company’s product lines, organization, investments, or mission.

Share it:

More from this Section

  • European Union (EU)
    The European Union (EU) is an economic and political partnership of 27 democratic European countries. Three countries (Croatia,
  • Organization change
    Organization change which is any alteration of people, structure, or technology in an organization.
  • Product Development
    Product Development involves the substantial modification of existing products or the creation of new but...
  • Middle managers
    In an organization Middle managers are those found between the lowest and top levels of that organization. These managers manage the work of first-line managers and may have titles such as regio
  • Work specialization
    Work specialization, is dividing work activities into separate job tasks. Individual employees specialize in doing part of an activity rather than
  • The Dynamics of social Responsibility
    The various stakeholders of a firm can be divided into inside stakeholders and outside stakeholders. The insiders are the individuals or group that the firm’s actions affect.
  • Job involvement
    Job involvement is the degree to which an employee identifies with his or her job, actively participates in it, and considers his or her job