GMS 723 Chapter Notes - Chapter 2: Pro Forma, The Seller, Iso 14000
17 Sep 2016
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Because of increasing international interdependency, trade literacy has become as important in modern business as internet and computer literacy. Research is one of the keys to winning the trade game. Think of it as an investment to reduce the number of inevitable mistakes. Most people begin with a single product or service that they know and understand or have experience. Others begin with a line of products or define all their products in terms of an industry with which they are familiar. Start your business with a product or service with which you have an advantage. You can gain that advantage by: having prior knowledge, doing library research about a product, making or using contacts, understanding a language or culture. The product you select may need to be adapted to the cultures of other countries: product standards. Iso: an organization that harmonizes world product standards such as flammability, labeling, pollution, food and drug laws, and safety standards.
