The old saying goes on “it’s a small world.” It certainly is in relation to the ability to access information from all over the planet and the ability to connect with business leaders and other important decision makers from every part of the world. This is never more apparent than in the global business, which encompasses any company or organization that conducts business outside its home country.
As the challenges www.terraeconomy.com/2021/07/13/generated-post-2 of global commerce and trade become more complex, businesses both large and small need to make sure they are prepared to meet these new challenges. This means knowing the nuances and politics of international business, as well as being able to work with partners and colleagues in countries that are different than their own.
The undergraduate Journal of Global Business and Trade (JGBT) features research papers report, essays, and other articles that are relevant to the business of globalization. It is also the official journal of CUIBE the Consortium for Undergraduate International Business Education.
Whether you are a business owner considering entering international markets or need to ensure your team is prepared to go global, it is important to know the ways that cultural differences can affect the success of your business abroad. It is important to learn the customs, holidays, and social norms that are prevalent in the different cultures you could encounter when conducting global business. This is a great method to increase your “export intelligence.” It may also be helpful to know what to expect from business colleagues in other countries, for example, differing comfort levels with personal space or how to greet a colleague in a different language.