EXPERT EXPORTING

The UK's economic growth is far outpacing improvements anywhere else in the world, and the International Monetary Fund remains so optimistic about its future that it has recently added 0.4 points to its original 2.8% growth forecast. That's despite an overall global growth downgrade of 0.3...

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Bibliographic Details
Published in:Credit management 2014-10, p.37
Main Author: Haywood, Sean
Format: Magazinearticle
Language:English
Subjects:
Credit management
Due diligence
Exports
International business
Risk management
Online Access:Get full text
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Summary:The UK's economic growth is far outpacing improvements anywhere else in the world, and the International Monetary Fund remains so optimistic about its future that it has recently added 0.4 points to its original 2.8% growth forecast. That's despite an overall global growth downgrade of 0.3%. As a result, more and more firms are investing in the future and exploring new markets in the already well-recognised (BRIC) economies and the increasingly stable (MINT) economies. But whether you're exporting to (China) or (Nigeria) -- and especially when you're exporting to multiple markets -- you need to be savvy to cultural nuances, potential language or political barriers and the impact of changeable foreign exchange rates.
ISSN:0265-2099