GMS 723 Chapter Notes - Chapter 2: Iso 14000, Iso 9000, Alphabet Inc.

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Commonalities of importing and exporting transaction: terminology. Increasing international interdependency, trade literacy has become as important in modern business as internet and computer literacy: homework. Research is one of the keys to winning the trade game: choosing the product or service. Your job will be to sell someone else"s product or service: making contacts. Exporter must convince a domestic manufacturer of his or her ability to sell the manufactures product or service internationally. Importer must find an overseas manufacturer or middleman from whom to but the product or services. Contacts sourcing (finding) a manufacturer or provider of the product or service you wish import or export, marketing (selling) Exporter any product or services you select falls into an industry classification and that industry very likely has an association. Contacts for importers are slightly different to obtain. Start with the nearest consulate office and then contract that country"s international chamber of commerce.

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