Determining Factors in the Choice of Export Markets for Chemical Products

Taking into account the importance of business internationalization, the aim of this paper is to implement a multicriteria methodology using factors and variables found in the literature to assess the importance that the chemical sector gives them when selecting a market to export. Using a non-rando...

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Autores:
Baena Rojas, José Jaime
Vanegas López, Juan Gabriel
López Cadavid, Diego Alejandro
Tipo de recurso:
Article of investigation
Fecha de publicación:
2020
Institución:
Tecnológico de Antioquia
Repositorio:
Repositorio Tdea
Idioma:
eng
OAI Identifier:
oai:dspace.tdea.edu.co:tdea/2958
Acceso en línea:
https://dspace.tdea.edu.co/handle/tdea/2958
Palabra clave:
Exportaciones
Exports
Exportation
Exportação
Business valuation
Valoración de empresas
Decision-making process
Proceso de toma de decisiones
Internationalization
Internacionalización
Multicriteria analysis
Análisis multicriterio
Sectorial analysis
Análisis sectorial
Mercado
Markets
Marché
Rights
closedAccess
License
http://purl.org/coar/access_right/c_14cb
Description
Summary:Taking into account the importance of business internationalization, the aim of this paper is to implement a multicriteria methodology using factors and variables found in the literature to assess the importance that the chemical sector gives them when selecting a market to export. Using a non-random sample of 10 chemical firms, the valuations of the businessmen were collected through telephone interviews and questionnaires, and finally the general and local valuation of each factor was obtained, as well as which countries were more suitable to carry out exports. The analyses show that most important factors for choosing a market in its order are: price at destination, transit time, international transport cost, import cost, and tariff barriers.