PRACTICAL METHODS OF INCREASING EXPORT POTENTIAL FOR LOCAL BUSINESS
Keywords:
export potential, local business, international market, competitiveness, export strategy, product quality, marketing, logistics, state support, innovation.Abstract
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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