Global Business 101
It’s a small, but extremely connected world. It’s true in terms of the information you can access from around the world and your connections to the most important decision makers and business leaders across the globe. This is evident most in the world of global business. Global business is the term that refers to any company or business that conducts business in countries other than its home.
All companies must ensure that they are prepared to tackle the challenges of global trade. This involves understanding international business and its nuances and knowing how to work with partners and colleagues from other countries.
The undergraduate Journal of Global Business and Trade JGBT, or JGBT is a journal that features articles, reports, and comments that are relevant to global business. It’s also an official journal of the Consortium for Undergraduate International Business Education (CUIBE).
Whether you are a business owner who is thinking of expanding into international markets or want to reference ensure that your team is prepared to take on the world, it’s essential to know the impact of cultural differences on your business’s performance abroad. It is important to learn the customs, holidays and social norms that are common in the cultures you may encounter when doing global business. This is an excellent method to increase your „export intelligence.“ It might also be helpful to know what to expect from business associates in other countries, such as the different levels of comfort in personal space or how to greet someone in a different language.
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