Export Strategies of Organisation in United Kingdom : Report
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Added on 2020-01-07
Export Strategies of Organisation in United Kingdom : Report
Added on 2020-01-07
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EXPORT STRATEGIES
Table of ContentsINTRODUCTION................................................................................................................................3International trade theory:................................................................................................................3Approaches used by firms to adhere of trade protection or to benefit from trade promotion ........3Types of export-related strategies....................................................................................................4Accessing market opportunities, entry strategy and cross-border collaboration and risk analysis4Logistics, modes of transport and information technology.............................................................4Incorporating ethical issues in strategic decision-making...............................................................5Recommendations to improve future strategy.................................................................................5Demonstrate understanding and capability to elaborate an articulated export strategy..................5Describing main trade and investment promotion tools.................................................................5Critically analyse and evaluate the trade exchanges at both quantitative and qualitative level......5Explaining complex nature of international trade, its main actors, the legal frameworks andinstitutions and their major issues....................................................................................................6Conclusion............................................................................................................................................6
INTRODUCTIONExport strategy can be defined as approach to move goods and services from one country toanother. It is necessary for organisation to achieve its goals and objectives in the internationalmarket. Hero Motocorp Limited (HML) is a auto mobile organisation which sells two wheelervehicles to its consumers in the Asian market. The present file describes about export strategies oforganisation to manage business operations in the United Kingdom. It defines mode of transport aswell as information technology of HML organization. In addition to this, it represents incorporatingethical issues in strategic decision-making for corporation. Hero Motocorp Limited (HML)here India requires adopting and implementing best exportstrategy so that they can maintain their sales. International trade theory:Majority of firms nowadays are engaging into international trade just to reach new marketsand enhance their sales. India can successful expand its business within European Union countriesby selecting best exporter strategy. Here, international trade theory presents those theories whichexplain international trade. Firms nowadays are engaged with the international trade just to enhance their revenue anddevelop a strong position into market. It enables the cited firm to grow, compete and serve a largecustomer base. At the time of trading internationally company requires to increase the potential ofits clients as well as suppliers (Peters and et.al., 2011). Different firms are engaging withinternational trade with the help of exporting its business internationally in different countrieswhere they do not have existing presence. One of the best trade theories of Mercantilism, presentsthat a nation should have a trade surplus and maximizes their business through subsidies. It holds asignificant importance that nation should accumulate the financial wealth. Here, London is one ofthe fastest growing countries all over the world. Expanding business in this country helps morespecifically to grow and develop to cite firm. Approaches used by firms to adhere of trade protection or to benefit from trade promotion There are various approaches used by firms in order to adhere of trade protection. They mustadhere to all the European Union policies as well as their trade policies. By following Bilateral,import, export policies they can go through the secure trading without facing any complexitiesbeyond borders. With the help of better trade Promotion Company can easily enhance its consumerbase in the other countries (Rendell, Fogarty and Laland, 2011). It also helps in further improvingtheir sales as well as profit margin in the international market. Clients Company should go throughthe better and more comprehensive approach to improve trade promotion effectiveness. The mostcommon and successful factors for the same are better coordinated transformation from the top,
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