foreign competition
Increasing foreign competition in their domestic marke
applicable business types
TRADING
SERVICE PROVIDERS
EXPORTING
SHOPPING / LOGISTICS
MANUFACTURING
MULTINATIONALS
BANKING
COMPANIES FOCUSED ON
Domestic Markets
It is a false notion that only companies currently engaged in global trade should seek the International trade Specialist Program. In fact, companies most desperately needing such global expertise are those currently lacking a major global focus or strategy. Their very survival may mean effectively formulating a global approach to business functions, such as sourcing and sales. These companies are threatened by:
cost of domestic goods and labor
Rising costs of domestic goods and labor
limited growth
Slowing or limited growth, due to domestic only focus
ITS Program Benefits for Companies
The ITS Program provides a range of important benefits to diverse company types, providing important and often significant competitive advantage. Some of the major program benefits include:
International Expansion
- Develop in-house expertise in International Trade
- Eliminate reliance on and improve oversight of outside resources
- Proactively and effectively develop a global strategy
Risk Reduction
- Certify competency of existing or new employees
- Comply with complex trade laws
- Properly insure against loss, damage and bad faith dealings
Return on Investment
- Reduce costs through effective global sourcing
- Increase revenues through international sales expansion
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