What are the differences between export trading companies and export management companies?
Abstract The impact of e-business on export management companies (EMCs) has been a subject of serious debate for some time and several reasons for their survival have been forwarded. Based upon the resource-based perspective of the firm, this study suggests that the primary reason for the survival of the well-established EMCs would be their market-based assets. By intertwining these assets with e-business, EMCs would not only reintermediate, but would also become more efficient and effective. This study advances the literature by analyzing the impact of e-business proliferation on the exporting services, product portfolio, and international market coverage of EMCs. Show
Journal Information The Journal of Marketing Theory and Practice is devoted to the publication of peer-reviewed articles addressing substantive, managerial issues in marketing. In the context of developing, enhancing, and disseminating marketing knowledge, JMTP publishes both conceptual and empirical work, so long as the work provides strong implications for the managerial practice of marketing. Unlike other marketing journals that may be more focused on specific methodological approaches, deal with theoretical issues without regard to application, or represent various subfields of marketing, JMTP is positioned as a general marketing journal affording a quality outlet for more managerially-oriented research across the scope of the field. Publisher Information Building on two centuries' experience, Taylor & Francis has grown rapidlyover the last two decades to become a leading international academic publisher.The Group publishes over 800 journals and over 1,800 new books each year, coveringa wide variety of subject areas and incorporating the journal imprints of Routledge,Carfax, Spon Press, Psychology Press, Martin Dunitz, and Taylor & Francis.Taylor & Francis is fully committed to the publication and dissemination of scholarly information of the highest quality, and today this remains the primary goal. Rights & Usage This item is part of a JSTOR Collection. What is an Export Trading Company (ETC)?An Export Trading Company is a commercial institution (often a bank) that facilitates and financially supports those firms that are engaged in international trade. The Export Trading Company (ETC) may provide billing, warehousing, shipping, and insurance services to exporting firms. An Export Trading Company also provides information related to the market, and helps exporters to find buyers in the international market. Back to: INTERNATIONAL BUSINESS, LAW, & RELATIONS What does an Export Trading Company Do?The US Government passed the Bank Export Services Act of 1982 which authorizes commercial banks to own Export Trading Companies and engage in export. There are several benefits to using a ETC:
One downside of employing and ETC is, if the company allows the ETC to handle all important operations such as logistics and billing etc., the company may have no control over the companys activities in foreign country.The scope of Export Trading Companies (ETC) was declined sharply due to Chinese e-Commerce companies such as Alibaba that now perform all those tasks that ETCs were supposed to perform. Academic Research on Export Trading Company
Which of the following is a difference between export management companies EMCs and export trading companies ETCs )?Which of the following is a difference between export management companies (EMCs) and export trading companies (ETCs)? ETCs operate more on the basis of demand, while EMCs operate more on the basis of supply.
What is an export trading company?What Is an Export Trading Company? An export trading company is an independent company that provides support services for firms engaged in exporting. This may include warehousing, shipping, insuring, and billing on behalf of the client.
What are export management companies?Export management company. A foreign or domestic company that acts as a sales agent and distributor for domestic exporters in international markets.
What are the main features of export management companies?Export management companies can help exporters with:. Foreign market research.. Trade shows and other overseas product promotions.. Marketing strategies for targeting preferred buyers.. Foreign distribution.. Establishing logistics systems.. Managing and training a foreign sales force.. |