Question

briefly discuss the advantages and disadvantages of exporting​

Answer 1

Advantages of exporting

You could significantly expand your markets, leaving you less dependent on any single one. Greater production can lead to larger economies of scale and better margins. Your research and development budget could work harder as you can change existing products to suit new markets.

Answer 2

Advantages and disadvantages of exporting

Advantages of exporting

• You could significantly expand your markets, leaving you less dependent on any single one.
• You could significantly expand your markets, leaving you less dependent on any single one.Greater production can lead to larger economies of scale and better margins.
• You could significantly expand your markets, leaving you less dependent on any single one.Greater production can lead to larger economies of scale and better margins.Your research and development budget could work harder as you can change existing products to suit new markets

Disadvantages of exporting

• Unless you're careful, you can lose focus on your home markets and existing customers.
• Unless you're careful, you can lose focus on your home markets and existing customers.Your administration costs may rise as you may have to deal with export regulations when trading outside the European Union.
• Unless you're careful, you can lose focus on your home markets and existing customers.Your administration costs may rise as you may have to deal with export regulations when trading outside the European Union.You will be managing more remote relationships, sometimes thousands of miles away.
• Unless you're careful, you can lose focus on your home markets and existing customers.Your administration costs may rise as you may have to deal with export regulations when trading outside the European Union.You will be managing more remote relationships, sometimes thousands of miles away.In overseas markets, you may lose some of the control that you are used to at home.
• Unless you're careful, you can lose focus on your home markets and existing customers.Your administration costs may rise as you may have to deal with export regulations when trading outside the European Union.You will be managing more remote relationships, sometimes thousands of miles away.In overseas markets, you may lose some of the control that you are used to at home.You will need to think of your new market differently to the home market. They will be different customers with their own reasons for buying your products.