Tapping into International Market

TAPPING INTO
INTERNATIONAL
MARKET

Table of Contents
INTRODUCTION.......................................................................................................................4
LO1..............................................................................................................................................4
P1) Explain global business environment in which small and entrepreneurial business
operate.....................................................................................................................................4
P2) Analyze threat and opportunities face by SME in competitive global environment........5
LO2..............................................................................................................................................6
P3 Determine and analyse advantages of trading blocs and agreements................................6
P4 Explain various tariff and non tariff barriers exist in international trading environment . 7
LO3..............................................................................................................................................8
P5 Determine advantages and disadvantages of importing and exporting ............................8
P6 Explain differences between merchandising and service import and export.....................9
LO4..............................................................................................................................................9
P7 Evaluate various methods in which SME can tap in international market........................9

P8 Compare and contrast various ways in international market including pros and cons of
method...................................................................................................................................10
CONCLUSION..........................................................................................................................11
REFERENCES..........................................................................................................................12