Trade Manual

Chapter 6 Direct Exporting In merchandise in that respect atomic number 18 both methods which argon commonly exercisingd they are in directly exporting and direct exporting. Some companies choose to use both methods besides nearly only choose unrivalled. confirming exporting is when an go- in the midst of is knobbed in the execute. When direct exporting is used the exporter handles either aspect of the exporting process. This process includes market research, exotic distribution, and collection. thither are many advantages when a company uses direct exporting the main is that the company allow puddle more govern over the process. as rise up an important advantage will be that they will have a closer relationship with the active party/ies. And of manikin at that place could be high profits. These advantages dont start without work since there are no third parties involved there is a lot more work involved. Also direct exporting is not cheap so free resour ces may be required. Methods of direct exporting include personnel casualty by means of a foreign retailer, distributors, or a sales representative. Licensing technology Licensing is a urinate of exporting to earn income from an global business. It isnt as profitable but there are some things that realize smaller businesses.

Technology licensing is a contractual position in which the licensors patents, trademarks, service marks, copyrights, trade secrets, or other expert proportion may be sold or do accessible to a licensee for compensation that is negotiated in advance between the parties.(http://www.unzco.com/basicguide/c6.html) umpteen companies license their technol ogy to foreign companies who then effect an! d shit the products in a different country include in the licensing agreement. Technology Licensing is a quick way to present the foreign market and has less risks. Manufacturing as well as franchising are both forms of technology licensing used by sundry(a) companies. Although this may reckon like a good form of business it has its cons one is that the control over...If you want to get a full essay, night club it on our website: OrderEssay.net

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