Tapping into New and International Markets

Tapping into New and
International Markets

Contents
• INTRODUCTION
• Global business environment in which small and entrepreneurial businesses
operate
• Threats and opportunities that SMEs face in an increasingly competitive
global environment
• Advantages of international trading blocs and agreements
• Tariff and non-tariff barriers
• Conclusion
• References

INTRODUCTION
Trading overseas is a practice of tapping into new and
international market with the aim of growth and development
of the business. This concept is related with the efforts made
by an organisation to export and import products from
international regions. The main aim of this report is to build an
understanding about global environment and various
opportunities or threats which are exposed in that environment.

Global business environment in which
small and entrepreneurial businesses
operate
United Kingdom is a country of Europe region which despite of facing
current global economic turmoil and challenges remains to be a positive,
forward looking and open for business. Government and authorities of
this region are committed to provide facilities to the small businesses as
they think that the small medium businesses are the backbone of the
economy and they must be developed so that they are contribute
towards GDP and employment of the country. United Kingdom is led
forward by its private sector and is a six largest economy of the world.