06.12.2017 Views

Brazlilian Slovak Chamber of Commerce

BSCC Newsletter. 1st edition. November/December 2017.

BSCC Newsletter. 1st edition. November/December 2017.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Internationalization<br />

Ambassador Luis Balduino<br />

It is necessary to perceive the change in<br />

the traditional vision <strong>of</strong> the phenomenon<br />

<strong>of</strong> internationalization that was previously<br />

seen only as the company's journey to<br />

the international market.<br />

Internationalization can be understood as<br />

the many ways a company can relate to<br />

the external market, whether it is<br />

partnering, installing factories abroad or<br />

otherwise doing business on a global<br />

level. Thus, it is noted that<br />

internationalization is more<br />

comprehensive than export, which is still<br />

the strategy most used by companies to<br />

enter international markets, especially<br />

those <strong>of</strong> smaller size.<br />

From this broader approach, it is possible to<br />

understand that internationalization is<br />

associated with issues <strong>of</strong> global<br />

competitiveness, in which companies seek<br />

strategies in foreign markets or even actions<br />

in the domestic market in order to prepare to<br />

face greater competition due to the opening<br />

<strong>of</strong> the economy.<br />

Among the advantages <strong>of</strong>fered by the<br />

international arena are the possibility <strong>of</strong><br />

diluting risks, making pr<strong>of</strong>its, diversifying<br />

markets, increasing the number <strong>of</strong><br />

consumers, improving quality, increasing<br />

innovation, adding value, reducing the effect<br />

<strong>of</strong> seasonality, gains in scale, learning<br />

recognition <strong>of</strong> the brand in the internal<br />

market.<br />

A "learning by doing process" helps<br />

entrepreneurs to acquire differentials,<br />

which increase their competitiveness in the<br />

market, especially in the international market,<br />

where competition and the level <strong>of</strong> demand<br />

are even greater. As a result, the ability to<br />

learn and continually innovate for business<br />

growth and sustainability has to be constantly<br />

sharpened.<br />

Companies accustomed to operate in<br />

different markets more easily replace a<br />

reactive stance in favor <strong>of</strong> a<br />

proactive one, being better equipped to<br />

anticipate threats and opportunities that arise<br />

in the horizon.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!