Global Business 101

It’s a small, but extremely connected world. It’s true in terms of your access to information from all over the world and your connection to important decision makers and business leaders across our planet. This is particularly evident in global business. Global business is the term used to describe any company or organization who conducts business outside of the country in which it is headquartered.

Companies of all sizes must ensure that they are prepared to meet the challenges of global trade. This includes understanding the nuances and complexities of international business, and being able to work with partners and colleagues in other countries than their own.

The undergraduate Journal of Global Business and Trade JGBT, or JGBT is a journal that features reports, articles 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 be aware of what cultural differences can impact the performance of your business abroad, whether you’re a business owner who is considering entering global markets, or just want to make sure your team is prepared. This includes learning about the customs as well as the holidays, beliefs, and social customs of the various cultures you might encounter in your international business ventures. It’s the best way to increase your “export IQ.” It’s also helpful to know how to interact with business associates from other countries. For instance, different cultures have different views on personal space and greetings.

www.terraeconomy.com/2020/03/18/virtual-meeting-room-for-international-business/