1.
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List reasons for exporting, evaluate pros and cons, describe
obstacles, and list organizational requirements to export. (I)
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2.
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Assess the export potential of a given product or service. (I)
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3.
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Name and use the available sources of private and public export advice
and assistance. (II)
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4.
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State the various methods of exporting (direct through own sales force
or indirect through export management companies) and be able to
evaluate the advantages and disadvantages of each. (II)
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5.
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Research international markets and use research data in international
marketing decision making. (II)
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6.
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Identify the various channels of distribution (agents, distributers,
foreign retailers) and know how to evaluate overseas representatives.
(III)
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7.
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Describe how to prepare and adapt a product/service for export
(product redesign, labeling, packaging, warranties, after sales
service). (III)
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8.
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Locate and contact buyers in foreign markets. (III)
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9.
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Evaluate the cultural and language requirements of the foreign
customer and their impact on the exporter's operations. (III)
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10.
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Respond to inquiries, prepare quotations and set the terms of sale.
The student will have a basic knowledge of foreign exchange and be
able to describe the various methods of payment including the letter
of credit. (IV)
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11.
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List risks and evaluate insurance options against those risks. (IV)
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12.
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Describe and evaluate the services of freight forwarders. (IV)
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13.
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Locate current export regulations and describe how to comply with
export licensing requirements including application procedures. (IV)
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14.
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Describe the various export financing alternatives that are available,
including state and local, federal and commercial banking programs.
(IV)
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