lesson 5: exporting in the philippines

Question 1

Aims to find out the appropriate product and market for you

Answer 1

EXPORT MARKET RESEARCH

Question 2

would finally help you decide whether to go into export or not

Answer 2

EXPORT MARKET RESEARCH & SWOT ANALYSIS

Question 3

PREPARATION OF THE BUSINESS PLAN

Answer 3

FINANCIAL MANAGEMENT
ADMINISTRATIVE MANAGEMENT
MARKETING MANAGEMENT
PRODUCTION MANAGEMENT

Question 4

• A massive importation of machineries needed to create these products occurred
• Imported goods were discouraged through higher tariffs

Answer 4

INDUSTRIAL DRIVE

Question 5

• Was felt during the early 1980s
• Slumping most of the economies
• Political turmoil which ensued in the country did not help any more of the situation

Answer 5

WORLD RECESSION

Question 6

The export market is a very competitive one. The more productive the firm is, the more competitive advantage it has

Answer 6

TRUE

Question 7

One of the most effective ways of improving productivity is through the acquisition and use of technology

Answer 7

TRUE

Question 8

• To further boost exports, the - created an Export Bank

Answer 8

Export Development Act of 1994

Question 9

plays a crucial role in the anticipated increase of Philippine global trade

Answer 9

• Export Bank

Question 10

was also established to strengthen and institutionalize the national export drive.

Answer 10

Export Development Council (EDC)