Brazlilian Slovak Chamber of Commerce
BSCC Newsletter. 1st edition. November/December 2017.
BSCC Newsletter. 1st edition. November/December 2017.
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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.