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

  • Machiavellianism
    Machiavellianism refers the measures of the degree to which people are pragmatic, maintain ...
  • Ethnocentric attitude
    An ethnocentric attitude is the parochialistic belief that the best work approaches and ...
  • Moral right approach
    judging the appropriateness of a particular action based on a goal to maintain the fundamental ...
  • Coinsurance clause
    Coinsurance clause is a stipulation that a company must insure a minimum (usually 80 percent ...
  • Quantitative approach
    The use of quantitative techniques to improve decision making, is called quantitative ...