Identify and discuss the Risks of Exporting
Identify and discuss the Risks of Exporting in below. Among the 3 risks below, which do you think has the most impact if not controlled/mitigated? Explain/elaborate.
Risk of Exporting
1. If you merely export to a country, the distributor or buyer might switch to or at least threaten to switch to a cheaper supplier in order to get a better price
2. Someone might start making the product locally and take the market from you
3. Local buyers believe that a company which only exports to them isn’t very committed to providing long-term service and support once a sale is complete – They may prefer to buy from someone who’s producing directly within the country

