PARTNERS IN INTERNATIONAL TRADE A HSBC case study

Name
 INTRODUCTION

The HSBC Group’s international network comprises more than 5,000 offices in
79 countries and territories, operating in the Asia-Pacific region, Europe, the
Americas, the Middle East and Africa. It has listings on the London, Hong Kong
and New York stock exchanges.

International trade is part of everyday life. Shops, supermarkets and 21st century lifestyle provide a vast array
of goods and services. Where they come from or the processes by which they arrive at the market place are
rarely considered by consumers. Many consumers enjoy cars made in Germany, eat French apples, wear American
jeans or trainers from the Far East and watch Hollywood blockbuster films. Before these products can be made
available, numerous processes will have taken place and partnerships formed.
STATEMENT OF THE PROBLEM
How will HSBC develop partnerships with organizations
either trading or wishing to trade overseas. Through
combining its local understanding of business and
commercial environments with global expertise, it is able
to manage the processes for effective trading.
ALTERNATIVE SOLUTION
Identifying Suitable Market
Secure trading
Import and export finance
Electronic Data Interchange
EVALUATION OF ALTERNATIVE
RECOMMENDATION
HSBC give the small entrepreneurs or large scale business to grow their business
overseas. Growing business means more jobs, companies gain competitive advantage,
trade makes the company efficient and improve their work. Therefore helping a
company trade their business also help’s their own community and own country.
Partnership with banks or local government is recommended to help business study
their chosen market, financial status, capabilities and more to other countries.
CONCLUSION
International trade is becoming a way of life for an increasing number of businesses.
As there are many business risks and uncertainties associated with trading outside
domestic markets, organisations require secure partnerships.

HSBC Trade Services’ strength is to provide an understanding of the local needs of its
customers, while having the global coverage to ensure it can provide solutions to
business problems wherever in the world they occur.