Tapping into New and International Markets

Tapping into New and International
Markets
LO 1 and LO2

Table of content
Introduction
Introduction to the chosen country and region
An analysis of the global business environment
Rationale for SMEs to expand their business internationally
International opportunities for SMEs
Conclusion
References

Introduction
Trading overseas refers to the activity by which goods as
well as services are transported from one country to the
other which are miles apart and separated from one's
territory by the sea. It helps the company to exploit the
opportunity by effectively tapping into new international
market and cover the area successfully in order to enhance
growth and development opportunity. Trading usually
involve the import as well as export practices in order to
accommodate the needs of potential market effectively.

Introduction to the chosen country
and region
Barclays organization has selected the United Kingdom region
where it identity the opportunity as well as threat in order to
carry out the functioning of small businesses. UK is the part of
Europe region that is the civilized country and is sixth largest
economy that promote the small and medium business in order
to maintain the enhanced living standard of people.