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05/02/2016
In many cases, a substantial investment will need to be made to break into a new country. If none of these sunk costs can be recovered in the event that the venture fails or the company must pull out of the country, then many companies will be unable to take a chance on entry.
11/01/2016
There is one fundamental risk which has traditionally challenged export growth – market selection. Technology is quickly helping to obviate that risk and clear the path for more companies to expand internationally by making decisions based on real data.
27/10/2015
Microglobal is the concept that small business and micro-enterprise can enact in and be part of global commerce. The key to success is building global business relationships.
10/06/2015
Over the course of his career, Gus has accumulated both the practical experience and the education to excel in exports and imports. He is excited to use what he has learned from both paths to continue to seize on new and exciting international business opportunities as Managing Partner of Global Exports Leaders Corp. in Toronto.
10/04/2015
Faced with the evolving and complex business environment caused by the rise of emerging markets, Canadian SMEs have no choice but to adapt to these new business realities and think globally about every aspect of their business activities.
08/09/2014
Albert Knab is an International Business Management Professor at Fanshawe College’s Lawrence Kinlin School of Business in London, Ontario.
01/08/2014
Companies entering new markets might face problems or increased costs because of the business environment and the way in which companies operate. For example, marketing services might be prohibitively expensive. The banking system might be undeveloped, and certain payment mechanisms may be unavailable. Letters of credit might be unreliable or difficult to obtain.
18/04/2014
Competitive strategies can be divided into the offensive and the defensive. Companies pursuing offensive strategies directly target competitors from which they want to capture market…
17/01/2014
Companies can use a range of business models to organize their direct exporting efforts for their market entry strategies. Some businesses have an export department…
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