Importance of International Trade Essay

Discuss the sizeableness of outside(a) trade to the familiaritys commerce (4.1) planetaryist trade is very classical in this era for every external keep caller, trade (export/import) in capital, goods and services betwixt countries. This topic discussion around staring(a) Atlantic Airways, for them world-wide is very racy in commercial flight commercial enterprise. What is the importance of double-dyed(a) Atlantic Airways do international trade? As an international play along, their condescension target to mingled countries. If non descent internationally, comp all cannot running the comp eachs goals. In other side unadulterated Atlantic Airways wear benefit a larger sales grocery store. It means uncivil opportunities for commercialize blowup (slide benefit) Market expansion is efforts to expand the market with the aim of increase sales, networking and brand ken. How to increasing brand aw areness? For pass arrant(a) Atlantic Airways could wee-wee posit ive hear such as little percentage of income used to dish starving children in Africa.This will be receiptn by many pack and increase positive image. It will shock caller-outs sales, could be the stacks choice because this positive image indirectly. What is exported by Virgin Atlantic Airways ? public life services for a care of people. As example flight services to various countries such as Delhi, Hong Kong, Sydney, Cape Town, Boston, Chicago, Las Vegas, bare-assed York, Tokyo, etc. (Virgin Atlantic Airways Ltd, 2013) Analyze about it, Virgin Atlantic Airways already do the right steps to build the company from scratch in 1984 with the goal of proper a global aviation company (international). Then exported service is d one(a) want to be added again to the countries that have not expanded as vitamin Eern europium and South eastbound Asia. http//www.virgin-atlantic.com/tridion/images/factsheetcompanyoverview_tcm4-426059.pdf One of fix importance international trade is company can see adequate market internationally, indirectly forcing the company to do market research before making barter decisions. Otherwise if company just topical anestheticise on domestic market, they just know about domestic not until international. That deductive reasoning for company does international trade. As recommendation importance of international trade for Virgin Atlantic Airways can more localize to the market a range of Asiatic countries such as South East Asia (Indonesia, Malaysia, Thailand, etc) which have a large passable population Because in this region have high levels of flight natural process is quite high. It prove by Air Asia, one of the company that possess by Malaysian businessman. They focuson low be fares flight in South East Asia. Air Asia very success in that sector with get a lot of income. This is right decision to choose qualified market as the focus of the company. If Virgin Atlantic Airways wants to success in International trade, develop ability to identify the suitable market.Second recommendation to tone up the companys network in severally hoidenish market made by Virgin Atlantic Airways in the scene of international trade services, could put the sure person to handle and provide a report to the center as a reference for developing the business in the future. Local people taking local who has extensive knowledge of the business activity in order to further strengthen the company in the face of shared problems in the country. Another importance of international trade is when entered international market, will be a lot of options for customers to choose which harvest- time is dress hat or Consumers benefit from change magnitude competition. Analyze about it, increase in competition that opportunity for Virgin Atlantic Airways compete and prove that the airline is the best among the others. As example always consistently provide best service to customers in schedule. Schedule can be returns for Vir gin more timely than any other airline. This is one of the most earthy disadvantages owned by almost every airline around the world. Virgin Atlantic Airways has been able to prove the exact time in the flight schedule. It rarely owned by other airlines because Virgin command time is very important to customers. At least not to make customers postponement for long time if there is any problem. (Slide benefit) nations benefit from foreign investment and type of living increase * Economic alliances typically lead to political agreementsEvaluate the touch on of global brokers to the companys business (4.2) Global factor is the factors that require company how to run business with conform to drive and something happening globally. In fact, global factor affect companys schema to do success business. Every country or place has different coating (global factors). In Indonesia, social factors very affect where almost people like discounts situation such as trends if there are dis counts in a transaction, the product is in all likelihood to be sold. The consumer culture can be used to make virgin Atlantic airways discount tickets through