The old saying goes on “it’s a small world.” This is true for your ability to access information from all over the world as well as your ability to connect with key decision makers and business leaders from all over our planet. This is especially evident in global business. Global business is an expression used to describe any firm or business that conducts business outside of its home country.
As the complexities of global commerce and trade become more complex, companies both large and small need to make sure they are equipped to navigate these new problems. This means understanding the nuances and complexities of international business, and being able to work with colleagues and partners in countries with different cultures from their own.
The undergraduate Journal of Global Business and Trade JGBT, also known as JGBT, features articles, reports and observations that are relevant to global business. JGBT is also an official journal of the Consortium for Undergraduate International Business Education (CUIBE).
It’s crucial to know the impact of cultural differences on the success of your company abroad and whether you’re a owner considering entering international markets, or simply need to ensure that your team is ready. This means learning the customs such as holidays, beliefs, holidays and social customs of the diverse cultures you may encounter in your global business endeavors. It’s the best way to increase your “export IQ.” It’s also my link important to know how to interact with business colleagues from other countries. For instance, different cultures have different expectations about personal space and greetings.