A Study on Difficulties Faced by Entrepreneurs While Exporting Products with Reference to Erode District

Abstract

Difficulties faced while exporting are challenging and can delay the exporting process a lot, because of which the importer can easily switch to another exporter, even though having experience of exporting of more than 5year with frequency of regular export, major difficulties faced by exporters are complex Export procedure as the export procedure includes some of the complex paper-work sometime the quality also played major role in export as the standard set by the importing country does not match exported goods quality. Language was also one of the barriers for communication which leads to misleading of information’s. Letter of credit and documents against payment was most trusted method of payment of majority of the respondents, for the respondents who exports raw material are not more affected with cultural difference whereas exporters with finished goods are affected with cultural difference.