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Get rid of the Psychological Quotas

Mustafa Aykaç-Boston
Fahri Karakaya, PhD is a teaching fellow at the University of Massachusetts Dartmouth. He is specialized in market entry and entry barriers. “Entry Barriers and Market Entry Decision: A Guide for Executives” is the first of his three books. He is currently expanding his studies to global markets and toward the field of electronic trade.
Mr. Karakaya points out that although Turkish government and businessmen have been complaining about the quotas imposed by the US, these quotas have never been filled during the past 10 years. “According to the Department of Trade data, Turkish textile companies never managed to fill the quota during the last 10 years. The quota is more psychological than physical”, says Mr. Karakaya. As quotas will be eliminated in January 2005, Chinese and Indian producers will enjoy a big advantage. That’s why “Turkish textile companies must get ready for stiffened competition. They might start facing new barriers in entering this $350 billion market.”

In addition to teaching at the university, Mr. Karakaya provides consulting services in market research and electronic trade to private and public companies including Massachusetts Department of Transportation and Massachusetts Governor’s Council for Economic Development. Mr. Karakaya believes that Turkey has a lot of advantages in entering into new markets. The exporters play an important role in filling the trade deficit and helping the growth of income per capita: “Two large holdings such as Koc and Sabanci can help increase exports. Small and medium scale companies can help increase exports by developing e-commerce channels. It is possible today to market products to the world. An African producer has less available resource than his Turkish counterpart. While they hook up a satellite to get online, there is no reason why Turkey cannot do the same”, says Mr. Karakaya

Mr. Karakaya points out that although Turkish government and businessmen have been complaining about the quotas imposed by the US, these quotas have never been filled during the past 10 years. “According to the Department of Trade data, Turkish textile companies never managed to fill the quota during the last 10 years. The quota is more psychological than physical”, says Mr. Karakaya. As quotas will be eliminated in January 2005, Chinese and Indian producers will enjoy a big advantage. That’s why “Turkish textile companies must get ready for stiffened competition. They might start facing new barriers in entering this $350 billion market.”

In addition to teaching at the university, Mr. Karakaya provides consulting services in market research and electronic trade to private and public companies including Massachusetts Department of Transportation and Massachusetts Governor’s Council for Economic Development. Mr. Karakaya believes that Turkey has a lot of advantages in entering into new markets. The exporters play an important role in filling the trade deficit and helping the growth of income per capita: “Two large holdings such as Koc and Sabanci can help increase exports. Small and medium scale companies can help increase exports by developing e-commerce channels. It is possible today to market products to the world. An African producer has less available resource than his Turkish counterpart. While they hook up a satellite to get online, there is no reason why Turkey cannot do the same”, says Mr. Karakaya

BOXER ACADEMICIAN
Mr. Karakaya was born in Malatya and came to the US in 1971 after completing his high school education in Istanbul Vefa High School. He studied Liberal Arts at Massachusetts College and received his doctorate degree from Clemson University. Mr. Karakaya teaches at the University of Massachusetts Dartmouth since 1987 and heads the Marketing Department, in addition to directing the MBA program for the past 6 years. He has helped many Turkish students study in the US and wrote 3 books and approximately 60 articles on marketing and electronic trade. Mr. Karakaya was an amateur boxer in Turkey and won Istanbul and Aegean championships. He also holds a bronze medal from national championships.

(November 2004, 14th Issue)
Last modified onSaturday, 06 May 2017 10:07

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