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There’s a lot to know when it comes to international trade. So every now and then we like to pull out snippets of wisdom from our FITTskills series of international trade textbooks and pass them on. Whether it’s brand new for you or its information you’ve already learned but may have forgotten, you can rest assured that FITTskills Refreshers are practical and industry-validated.
24/04/2015
The strategic goals outlined in a business plan will have an important influence on the strategies that must be used to develop or improve a supply chain plan and on the way in which a supply chain can be structured and managed.
20/02/2015
In the past, smaller firms tended to focus on local and domestic markets. Moreover, when protectionism was rampant, smaller firms tended to be insulated from international markets. Distances, unique cultural characteristics, politics, tariffs and regulations all combined to protect them from international business competition.
06/02/2015
Marketing is the process of building understanding and communication between the supplier and the customer.
20/01/2015
To improve communication and mitigate the risks of misunderstandings, the ICC developed Incoterms to serve as universal trade definitions.
09/01/2015
A successful venture into the international marketplace requires establishment of goals, sound preparation, efficient implementation and early follow-up. The following are prerequisites for successful planning and implementation of personal selling tools in your target foreign market.
12/12/2014
Companies decide to form strategic global business alliances for many reasons.
05/12/2014
Determining the research objectives is an early and essential stage of the international trade research process.
21/11/2014
However, most foreign direct investment is still made by large companies investing in the construction of facilities abroad.
07/11/2014
Third-party logistics (3PL) is a common practice for supply chain management in which a company outsources logistics functions to another company. The functions that are…
24/10/2014
Many countries have entered into trade pacts or agreements and, through negotiation, have established rules and regulations to govern orderly trade. These trade agreements, along with the relative reduction in trade barriers that ensue, make it simpler to import from abroad.
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