Definition Of


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

  • Downward communication
    Downward communication which is any communication that flows from a manager to employees. It’s used to inform, direct, coordinate,
  • Service profit chain
    A service profit chain is the service sequence from employees to customers to profit. According to this concept, a company’s strategy
  • Goal-setting theory
    Goal-setting theory, which says that specific goals increase performance and that difficult goals, when accepted, result in higher performance than
  • Decentralized
    Keep in mind that centralization-decentralization is relative, not absolute-that is, an organization is never completely centralized or
  • European Union (EU)
    The European Union (EU) is an economic and political partnership of 27 democratic European countries. Three countries (Croatia,
  • Path-goal theory
    Path-goal theory, which states that the leader’s job is to assist followers in attaining their goals and to provide direction or support
  • Service organizations
    Service organizations that produce nonphysical products in the form of services.