Definition

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.

Webster Dictionary Meaning

1. Exporting
- of Export
Share it:  Cite

More from this Section

  • Organizational development
    Organizational development (OD) is the term used to describe change methods that focus ...
  • Variable pay systems
    Variable pay systems in which an individual’s compensation is contingent on performance; ...
  • Making a Resource Valuable
    Before proceeding to explain each basis for making resources valuable, we suggest that ...
  • Plans
    Plans are documents that outline how goals are going to be met. They usually include resource ...
  • Democratic style
    Democratic style described a leader who involves employees in decision making, delegates ...