Advantages and disadvantages of exporting
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Answer:
advantages = we can sell things and get more profits and sell on other countries
disadvantages = if we sell them in less cost we get loss and if they are destroyed or watered then there are may get loss for us
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4
Explanation:
Advantages of exporting are:
- Increased Competitiveness - Exporting can allow you to get exposure to new ideas, management practices, marketing techniques and way of competing which can help to better your position and business.
- Increased Sales - Exporting is a way to increase your sales.
- Increase in profit.
Disadvantages of exporting are:
- Financial Risks : Government and economic restrictions can negatively impact the business
- While transporting there is a risk of damage of the goods and product.
- Extra costs which involve developing of extra market.
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