-

Extend the product life cycle

Improve sales and profits
Reduce production cost
Balancing sales decline in
local market
Improving the quality of
product

Import
- setting up local
office
Export
- contract
manufacturing
Strategic alliance
- joint venture
Exporting management
- foreign direct
investment
Company
- subsidiary
Foreign distributions
- licensing

ADVANTAGES OF DEVELOPING
INTERNATIONAL BUSINESS METHODS

ENTREPRENEURS AND
INTERNATIONAL MARKET

STEPS BEFORE ENTERING

INTERNATIONAL MARKET

Conduct premilinary
Conduct feasibility study
Provide adequante financial
Procedure documentation
Prepare and implement
plan

INTERNATIONAL TRADE
BARRIERS

Tariffs
Quota
Export subdidies
Control of foreign
exchance
Embargo
Prevent the
accumulation
Trading block

CONSTRAINTS TO ENTER
INTERNATIONAL MARKET

Sicio-cultural
Lack of capital or limited
Political and legal
Economic changes
Patriotism
technology