PRACTICAL METHODS OF INCREASING EXPORT POTENTIAL FOR LOCAL BUSINESS
Authors/Creators
- 1. Master's student of the Asian International University
Description
This article analyzes modern practical methods and mechanisms for increasing export potential for local business enterprises. The study examines the main obstacles encountered in the process of developing export activities, strategies for entering international markets, and ways to increase the competitiveness of local manufacturers. The article systematically analyzes the criteria for assessing export potential, adapting product quality to international standards, researching foreign markets, developing marketing strategies, optimizing the logistics system, and measures of support provided by the state. The results of the study show that in order to increase the export potential of local businesses, it is necessary to take an integrated approach, use innovative technologies, and expand international cooperation. The recommendations presented in the article are of practical importance for local entrepreneurs, export organizations, and government agencies.
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Additional details
References
- Resolution of the President of the Republic of Uzbekistan "On measures to further support export activities" No. PQ-4707, May 7, 2020.
- Kotler, P., Keller, K.L., & Chernev, A. (2022). Marketing Management (16th ed.). Pearson Education.
- Porter, M.E. (1998). Competitive Advantage: Creating and Sustaining Superior Performance. Free Press. (Original work published 1985)
- World Trade Organization (2024). World Trade Statistical Review. WTO Publications.
- Cavusgil, S.T., Knight, G., & Riesenberger, J.R. (2020). International Business: The New Realities (5th ed.). Pearson.